Maxlinear Stock Price, News & Analysis

MaxLinear has unveiled MaxAI™, a groundbreaking hardware-optimized, use-case aware, native-ML technology framework designed to enhance user experience, improve quality of service (QoS), and lower support costs for Multiple System Operators (MSOs). The framework addresses the challenges of diverse Wi-Fi environments and application requirements in homes and businesses.

MaxAI is integrated into MaxLinear's AnyWAN™ solutions, enhancing network performance, security, issue triage, and diagnostics. It adapts intelligently to usage patterns while adhering to application KPIs. The framework is scalable and flexible, offering implementation options from pre-trained recipes to advanced cloud compute configurations.

MaxLinear will showcase this technology on its AnyWAN-based Wi-Fi 7 platform at Network X 2024 in Paris, featuring the URX852 network processor SoC and MxL31712 Wi-Fi 7 radio. The demo will highlight hardware-optimized AI, natural language interaction, and intelligent diagnostics.

MaxLinear, a provider of RF, analog, digital, and mixed-signal integrated circuits, has announced its upcoming conference call to discuss third quarter 2024 financial results. The call is scheduled for Wednesday, October 23, 2024, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time), following the release of financial results after market close on the same day.

The conference call will be hosted by Kishore Seendripu, Ph.D., CEO, and Steve Litchfield, CFO and Chief Corporate Strategy Officer. Interested parties can join via phone using the US toll-free number 1-877-407-3109 or the international number 1-201-493-6798. A webcast will also be available on the company's investor relations website.

MaxLinear, a leader in high-performance analog and mixed-signal ICs for connectivity solutions, has partnered with Rochester Electronics to provide ongoing lifecycle management and customer support for their SHDSL product portfolio. Rochester Electronics is the world's largest continuous source of semiconductors, offering 100% authorized, traceable, certified, and guaranteed devices.

Rochester supports MaxLinear's PEF2x628E (Socrates-e) SHDSL transceivers, which can operate as drop-in replacements for PEF2x624 transceivers. These devices are used in mature telecom and industrial systems, including access networks, customer premise equipment, and industrial networks. They offer functions such as Point-to-Multipoint SHDSL, party line SHDSL, and Ethernet Extender capabilities.

This partnership aims to support existing applications with 10-20 year lifetime expectations, avoiding complex redesigns. Rochester has built up inventory from the last available wafer materials to support ongoing customer demands on a first-come, first-serve basis.

MaxLinear (Nasdaq: MXL), a provider of integrated circuits, has announced the granting of equity awards under its 2024 Inducement Equity Incentive Plan to newly hired employees. These Inducement Grants were pre-approved by the company's Compensation Committee of the Board of Directors. The move is likely aimed at attracting and retaining top talent in the competitive semiconductor industry. Detailed information about these equity awards is available on MaxLinear's investor relations website. This announcement reflects the company's strategy for employee compensation and retention, which could be of interest to investors and potential employees alike.

MaxLinear, Inc. (Nasdaq: MXL), a provider of RF, analog, digital, and mixed-signal integrated circuits, has announced its participation in several financial conferences during the third quarter of 2024. The company will be presenting at the Oppenheimer 27th Annual Technology, Internet & Communications Virtual Conference on August 12th at 8:35 a.m. PT, with a webcast available on the investor relations website. Additionally, MaxLinear will attend the Needham Virtual Semiconductor & SemiCap Conference on August 22nd, followed by conferences hosted by Evercore ISI, Jefferies, Deutsche Bank, and Benchmark throughout August and early September.

MaxLinear (Nasdaq: MXL) will showcase its Panther III storage acceleration solution at the Future of Memory and Storage 2024 trade show. Panther III offers significant advantages over software-only solutions, including:

- Up to 40x more throughput
- Up to 190x better latency
- Up to 1000x less CPU utilization
- 12:1 data reduction ratio

These improvements lead to substantial cost savings in flash drives and CPU cores. Panther III consolidates compression, deduplication, encryption, data protection, and real-time validation in a single hardware-based solution, addressing the growing demands of data center administrators and dataset owners in the rapidly expanding cloud storage market.

MaxLinear (NASDAQ: MXL), a provider of RF, analog, digital, and mixed-signal ICs, announced Q2 2024 financial results. Net revenue was $92.0 million, down 3% sequentially and 50% YoY.

GAAP gross margin rose to 54.6% from 51.7% in the prior quarter but down from 55.9% YoY. GAAP operating expenses were $91.0 million, or 99% of net revenue. GAAP loss from operations was 44% of revenue, improving from 78% in the prior quarter, but worse than 3% YoY. Net cash flow used in operating activities was $2.7 million, reversing from positive $16.0 million in the prior quarter.

GAAP diluted loss per share was $0.47, compared to $0.88 in the previous quarter and $0.05 YoY. Non-GAAP gross margin was 60.2%, and non-GAAP operating expenses were $74.8 million. Non-GAAP loss from operations was 21% of revenue, compared to the prior quarter's 18% loss. Non-GAAP diluted loss per share was $0.25.

The company anticipates Q3 2024 revenues between $70 million and $90 million, with GAAP gross margin between 52.5% and 55.5%.

MaxLinear, a provider of RF, analog, digital, and mixed-signal integrated circuits, announced it will release its Q2 2024 financial results after market close on July 24, 2024. A corresponding conference call, hosted by CEO Kishore Seendripu and CFO Steve Litchfield, will be held at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Investors can join the call via toll-free and international numbers or through a webcast available on the company's investor relations website.

MaxLinear (NASDAQ: MXL), a leader in RF, analog, digital, and mixed-signal integrated circuits, has announced the issuance of new employee inducement grants under its 2024 Inducement Equity Incentive Plan. These equity awards were approved by the Compensation Committee of the Board of Directors and are aimed at newly hired employees. More details can be found on MaxLinear's investor relations website.