secwatch.observer — SEC 8-K summary
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Issuer:     MAXLINEAR, INC (MXL)
CIK:        0001288469
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001288469-23-000092
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MaxLinear Q1 revenue $248.4M, down 15% QoQ; Q2 guidance $175M-$205M, well below Q1
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- GAAP EPS $0.12 vs $0.42 YoY; non-GAAP EPS $0.74 vs $1.00 YoY; revenue down 6% YoY.
- Infrastructure revenue $46.3M, up 46% QoQ and 40% YoY, driven by 5G wireless backhaul.
- Q2 revenue guidance $175M-$205M implies at least 17% sequential decline; GAAP gross margin 54.5%-57.5%.
- Operating cash flow $42.2M, down 39% QoQ and 69% YoY.
- Pending acquisition of Silicon Motion continues antitrust approval process.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288469/000128846923000092/0001288469-23-000092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288469/000128846923000092/mxl-20230426.htm
  HTML page:      https://secwatch.observer/filing/0001288469-23-000092

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer