Welcome to our dedicated page for Maxlinear news (Ticker: MXL), a resource for investors and traders seeking the latest updates and insights on Maxlinear stock.
MaxLinear, Inc. develops radio frequency, analog, digital and mixed-signal integrated circuits for connectivity and data-movement applications. Company news commonly covers product introductions across AI data center interconnects, optical and copper networking, broadband access platforms, industrial transceivers and power-management components.
Recurring updates include financial results, conference-call announcements and portfolio developments involving products such as Panther storage accelerators, Washington transimpedance amplifiers, Rushmore DSPs, Annapurna retimers and MxL8323x RS-485/RS-422 transceivers. These announcements tie MaxLinear’s semiconductor portfolio to data centers, metro and wireless transport networks, cable, fiber, DSL, fixed wireless access gateways and industrial control systems.
MaxLinear reported record net revenue of $290.6 million for Q4 2022, a 2% sequential increase and a 17% rise year-over-year. Fiscal year revenue surpassed $1 billion for the first time, with significant contributions from connectivity revenue, particularly from Wi-Fi products, which reached $105 million in Q4, up 27% sequentially and 99% year-over-year. GAAP diluted earnings per share increased to $0.38. Operating cash flow for the year was $388.7 million. The company projects Q1 2023 revenue between $240 million and $260 million. Management expressed optimism about long-term growth and upcoming acquisition of Silicon Motion.
MaxLinear, Inc. (NASDAQ: MXL) will announce its fourth quarter 2022 financial results on February 1, 2023, after market close. The company will host a conference call at 1:30 p.m. PT (4:30 p.m. ET) to discuss the results. MaxLinear, a leader in radio frequency and mixed-signal integrated circuits, aims to inform stakeholders about its financial performance and market strategy. Investors can access the webcast at investors.maxlinear.com. For more details, contact investor relations.
MaxLinear, Inc. (NASDAQ: MXL) announces a collaboration with Edimax to launch a compact 2.5G high-speed 5-port switch for home and SMB markets. Utilizing MaxLinear's Quad-port (GPY241) and Single-port (GPY211) Ethernet PHYs, this cost-effective solution measures 158 x 101 x 29 mm. The partnership addresses the growing need for improved network speeds for applications like gaming and video conferencing, offering advanced technology with lower power consumption. Samples and evaluation boards are available now, underscoring the demand for enhanced Ethernet connectivity.
Cognitive Systems Corp. has announced a partnership with MaxLinear to integrate its WiFi Motion™ detection software into MaxLinear's broadband and access SoCs. This collaboration aims to enhance next-generation Wi-Fi sensing applications such as home and wellness monitoring, providing service providers with innovative solutions to improve user experience. Cognitive Systems has expanded its technology's availability to over 2.5 million devices and plans to release WiFi Motion-enhanced products in H1 2023, marking a significant step forward in home automation.
MaxLinear, Inc. (NASDAQ: MXL), a leader in integrated circuits for RF, analog, digital, and mixed-signal applications, announced its participation in several upcoming financial conferences. The events include the Stifel 2022 Midwest One-on-One Growth Conference on Nov. 10, 2022, the Roth 11th Annual Technology Event on Nov. 16, 2022, and the Credit Suisse 26th Annual Technology Conference on Nov. 29, 2022, where MaxLinear will present at 3:05 p.m. MT. Additional participation includes the Wells Fargo 6th Annual TMT Summit on Nov. 30, 2022, and the Needham Growth Conference on Jan. 10, 2023.
MaxLinear reported record net revenue of $285.7 million for Q3 2022, reflecting a 2% sequential increase and a 24% year-over-year rise. The company achieved a GAAP gross profit of $167.5 million, resulting in a GAAP gross margin of 58.6%. Connectivity revenue, primarily from Wi-Fi products, soared to $83 million, up 46% sequentially and 118% year-over-year. Despite a decrease in cash flow from operations to $61.8 million, MaxLinear anticipates Q4 2022 revenue between $285 million and $295 million.
MaxLinear (NASDAQ: MXL) announced the participation of seven system vendors showcasing 25 new G.hn products at a Plugfest event aimed at validating interoperability in broadband technology. Held at the University of New Hampshire, the event demonstrated G.hn devices working over phonelines and coaxial cables, enhancing broadband access capabilities. MaxLinear emphasized the significance of interoperability for market growth and consumer benefits, supporting the G.hn ecosystem vital for service providers and access vendors. The G.hn Access systems will be displayed at the upcoming Network X event in Amsterdam, October 18-20, 2022.
MaxLinear (NASDAQ: MXL) has partnered with SoftAtHome to present their prpl Life Cycle Management (LCM) solution at the prpl Foundation Summit on October 20, 2022. This collaboration showcases an open-source LCM agent software operating on MaxLinear's AnyWAN™ Open Service Platform, facilitating simpler development and quicker market entry for home gateways. By employing a common middleware across various hardware, operators can enhance service delivery while minimizing investment in different iterations of functionality.
MaxLinear, Inc. (NASDAQ: MXL) has announced the launch of the industry's first XGS-PON home gateway unit (HGU) powered by prplOS. This innovative solution integrates MaxLinear's AnyWAN SoCs, enhancing interoperability in broadband products. The prpl operating system, managed by the prpl Foundation, promotes seamless compatibility across diverse connectivity technologies. The new gateway is designed to accelerate product development, reduce R&D costs, and support high-speed data access solutions, including Fiber-to-the-Home.
MaxLinear Inc. (NASDAQ: MXL) has launched its seventh-generation Wi-Fi 7 system-on-chip (SoC) solution, the first single-chip Wi-Fi 7 offering with 12 spatial streams. This technology promises over 70% higher tri-band throughput compared to Wi-Fi 6. Sampling is currently underway with select partners, and products are expected to debut in 2023. The Wi-Fi 7 standard delivers peak throughput of 11.5Gbps, doubling the bandwidth and enhancing modulation. Key features include reducing BOM and design complexity, improving network efficiency, and offering robust performance in high-demand environments.