earnings
confidence high
sentiment positive
materiality 0.80
MaxLinear Q4 revenue $247.9M, up 27% YoY; guides Q1 revenue $255-265M
MAXLINEAR, INC
2021-FY EPS reported
$0.53
revenue$892,398,000
- Record revenue $247.9M (+8% QoQ, +27% YoY); GAAP EPS $0.35, non-GAAP EPS $0.86.
- GAAP gross margin 57.2% (up from 42.7% YoY); non-GAAP gross margin 61.7% (+40 bps QoQ).
- Wi-Fi revenue reached $100M annualized run rate, up 40% sequentially; expects growth through 2022.
- Q1 2022 outlook: revenue $255-265M, non-GAAP gross margin 61-63%, non-GAAP opex $76-82M.
- Non-GAAP operating margin improved to 31% from 19% a year ago; operating cash flow $16M.