Maxlinear Stock Price, News & Analysis

MaxLinear Inc. (NYSE: MXL) has launched the XR77103-MoCA, a power management integrated circuit (PMIC) designed for its MoCA 2.0 and 2.5 systems-on-chip (SoCs). This new device simplifies design processes by offering three voltage rails tailored to MxL37xx SoCs, thereby reducing development time and board space by 25%. The PMIC operates on input voltages from 4.5V to 14V and is packaged in a compact 4x4mm QFN format. MaxLinear's commitment to innovation is reflected in this advanced PMIC, which aims to support the growing demand for multi-gigabit broadband solutions.

MaxLinear, a leader in integrated circuits, reported record net revenue of $229.8 million for Q3 2021, a 12% sequential increase and 47% year-over-year growth. The GAAP gross margin improved to 56.5%, from 54.8% in Q2 2021, while non-GAAP gross margin reached 61.3%. Operating expenses decreased to $106.0 million, or 46% of net revenue. The company expects Q4 revenue between $240 million and $250 million, with GAAP gross margin estimates between 55.5% and 57.5%.

MaxLinear (NYSE: MXL) reported preliminary Q3 2021 results indicating better-than-expected revenues driven by robust end-market demand and improved supply-chain conditions. The expected revenue is between $225.0M and $230.0M, surpassing prior guidance of $215.0M to $225.0M. Gross margins rose to 60.5% - 61.5% compared to previous estimates of 54.5% - 56.5%. Operating expenses are anticipated to be lower at $74.0M - $76.0M, down from an earlier forecast of $106.0M - $110.0M, indicating effective cost management.

MaxLinear, Inc. (NYSE: MXL) is showcasing Molex’s 400G-DR4 optical modules powered by MaxLinear’s Telluride (MxL9354x) digital signal processors at the China International Optoelectronic Exposition (CIOE) from September 16-18, 2021. These modules support high-performance 400Gbps data center connectivity, catering to the needs of hyperscale cloud networks. The MxL9354x SoCs enable compact designs and meet stringent performance metrics for data centers, aiding in the expansion of network infrastructures.

MaxLinear, Inc. (NYSE: MXL) has launched the DMI920 G.hn evaluation platform, enhancing connectivity for Industrial IoT (IIoT) applications. This platform integrates G.hn technology to transport high-speed data over various existing cabling, ensuring reliable communication in harsh industrial environments. The DMI920 supports up to 250 endpoints and is designed for diverse applications, including smart building systems and security. Key components include the G.hn Wave-2 chipset and multi-protocol transceiver. The DMI920 is now available for OEM evaluation.

MaxLinear, Inc. (NYSE: MXL) and RFHIC (KOSDAQ: 218410) have confirmed that their collaboration has resulted in a breakthrough in linearization performance for 5G macro base stations. RFHIC’s Gallium Nitride (GaN) transistors and hybrid power amplifier module, when combined with MaxLinear’s MaxLIN linearization technology, exceed 3GPP standards for ultra-wideband 5G New Radio (5G NR). This partnership enhances efficiency and performance across critical 5G frequency bands, supporting global sub-6GHz 5G spectrums and enabling faster production timelines for customers.

MaxLinear, Inc. (NYSE: MXL) has announced its participation in several upcoming financial conferences scheduled for August and September 2021. Key events include the Oppenheimer 24th Annual Technology, Internet & Communications Conference on August 11, the BMO 2021 Technology Summit on August 25, and the Deutsche Bank Technology Conference on September 9. All presentations will be conducted virtually, with webcasts available on www.maxlinear.com.

MaxLinear, Inc. (MXL) reported second quarter 2021 results with net revenue reaching $205.4 million, a 215% year-on-year increase. The GAAP gross margin improved to 54.8% from 50.2% a year prior. Operating expenses rose to $110.3 million, or 54% of revenue. Non-GAAP diluted EPS was $0.53, down from $0.55 in Q1. Looking ahead, the company estimates Q3 revenue to be between $215 million and $225 million, with non-GAAP gross margin expectations of 59.5% to 61.5%.

MaxLinear, Inc. (NYSE: MXL) announced that its interface bridges and multi-protocol transceivers are utilized in UTEK’s serial port expansion devices for Industrial IoT applications. With the rise of interconnected IoT devices, MaxLinear’s solutions offer essential architectural flexibility. Its USB bridges are among the smallest globally, enabling UTEK to design compact interface cables. The products feature advanced ESD protection and high I/O expansion capabilities. The collaboration with UTEK has spanned over a decade, aiming to enhance IIoT connectivity solutions.