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. (Nasdaq: MXL) is a semiconductor company that focuses on radio frequency (RF), analog, digital and mixed-signal integrated circuits for connectivity and access, wired and wireless infrastructure, and industrial and multi-market applications. This news page aggregates company announcements, giving investors and followers a single place to review MaxLinear’s latest public communications.
Visitors can find press releases on quarterly financial results, where MaxLinear reports metrics such as net revenue, gross margin, operating expenses, and earnings on both GAAP and non‑GAAP bases. These releases often include management commentary on business performance, product focus areas, and the company’s outlook, as well as detailed explanations of the non‑GAAP adjustments used in its financial reporting.
The news feed also features notices of upcoming earnings calls and conference calls to review results, including dates, times, and access details. MaxLinear regularly announces participation in technology and investor conferences hosted by firms such as Needham, Susquehanna, Stifel, and others, and may provide webcast information for these events. These items help readers track when and where management is presenting to the investment community.
In addition, the page includes product and corporate updates, such as announcements related to MaxLinear’s Panther storage accelerator solutions for enterprise and hyperscale data centers, and information about equity awards granted under its inducement equity incentive plans. Corporate actions like the authorization of a share repurchase program are also communicated through press releases. By reviewing this news stream, users can monitor how MaxLinear describes its business priorities, product developments, capital allocation decisions, and the risk factors it highlights in connection with forward-looking statements.
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.
MaxLinear (Nasdaq: MXL) has unveiled a new range of 2.5G Ethernet switches and PHYs, including 7-and 10-port switches and 8-port PHYs, designed for both consumer and industrial applications. The new solutions deliver industry-leading low power consumption, extensive feature sets, and large packet buffer capabilities.
The product line enhances MaxLinear's existing Ethernet offerings, which already include 10/100, 1G, and 2.5G bridges, PHYs, and switches. Key features include IGMPv3, MLPv1,2, LACP, PTP, SyncE, MACsec, and 10G SERDES uplink ports. The 8-port PHYs operate at 600mW per port.
The launch aims to meet increasing data rates and bandwidth demands driven by digital data traffic, data centers, IoT, machine learning, and AI, while addressing energy efficiency and compact design needs.
MaxLinear (Nasdaq: MXL) has announced its participation in key financial conferences in Q2 2024. The company, known for its RF, analog, digital, and mixed-signal integrated circuits, will present at the Stifel 2024 Cross Sector Insight Conference in Boston on June 5th at 1:15 p.m. ET. Additionally, MaxLinear will participate in the Northland Securities Growth Conference on June 25th. Investors can access a webcast of the Stifel conference session at the company’s investor relations website.