earnings
confidence high
sentiment positive
materiality 0.75
MaxLinear Q2 revenue $205.4M (+215% YoY); non-GAAP EPS $0.53; Q3 guidance $215-225M
MAXLINEAR, INC
2021-Q2 EPS reported
$0.06
revenue$414,735,000
- Net revenue $205.4M, up 215% YoY; GAAP diluted EPS $0.01, non-GAAP diluted EPS $0.53.
- GAAP gross margin 54.8% (up 140 bps QoQ); non-GAAP gross margin 60.2% (up 160 bps QoQ, above high-end guidance).
- Net cash from operations $7.9M vs $60.3M prior quarter; operating expenses rose to $110.3M.
- Q3 2021 outlook: revenue $215-225M; non-GAAP gross margin 59.5%-61.5%; non-GAAP op expenses $75.5-79.5M.
- Business highlights: 5nm 800Gbps PAM4 DSP demo; partnerships with MACOM and Cree for data center and 5G.