earnings
confidence high
sentiment positive
materiality 0.75
MaxLinear Q2 revenue $280M (+36% YoY); non-GAAP EPS $1.11 beats prior $1.00
MAXLINEAR, INC
2022-Q2 EPS reported
$0.81
revenue$543,936,000
- Record net revenue $280M, up 6% QoQ and 36% YoY; GAAP gross margin 58.7%.
- GAAP diluted EPS $0.40; non-GAAP diluted EPS $1.11 vs $1.00 prior quarter.
- Q3 revenue guidance $280M-$290M; non-GAAP gross margin guidance 60.5%-63.5%.
- CEO expects at least $200M Wi-Fi revenue in 2023; pending merger with Silicon Motion noted.