secwatch.observer — SEC 8-K summary
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Issuer:     MAXLINEAR, INC (MXL)
CIK:        0001288469
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0001288469-23-000149
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MaxLinear Q2 revenue $183.9M, down 34% YoY; guides Q3 $125-155M
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- Revenue $183.9M (-34% YoY); GAAP diluted loss per share $0.05; non-GAAP EPS $0.34 (down from $0.74 prior quarter).
- Infrastructure revenue $49.3M up 37% YoY; overall weakness attributed to challenging demand environment.
- Q3 2023 revenue guidance $125M-$155M, implying further sequential decline of 16-32% from Q2.
- GAAP gross margin 55.9% vs 58.7% year ago; Q3 guide 53-56%.
- Operating cash flow $30.6M down from $123.4M year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288469/000128846923000149/0001288469-23-000149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288469/000128846923000149/mxl-20230726.htm
  HTML page:      https://secwatch.observer/filing/0001288469-23-000149

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