MaxLinear Q3 revenue $229.8M, up 47% YoY; non-GAAP EPS $0.75 vs $0.32 YoY

MAXLINEAR, INC

2021-Q3 EPS reported $0.17 revenue$644,509,000

Record net revenue $229.8M, up 12% sequentially and 47% YoY; GAAP gross margin 56.5%, non-GAAP 61.3%.
GAAP diluted EPS $0.12 (vs loss of $0.50 YoY); non-GAAP diluted EPS $0.75 (vs $0.32 YoY).
Operating cash flow $84.1M, up from $7.9M prior quarter and -$16.6M YoY.
Q4 2021 revenue guidance $240M-$250M; non-GAAP gross margin 60%-62%.
CEO cites platform-level silicon content increases and market share gains across broadband and connectivity.

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