secwatch.observer — SEC 8-K summary
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Issuer:     MAXLINEAR, INC (MXL)
CIK:        0001288469
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001288469-24-000063
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MaxLinear Q1 revenue $95.3M, down 62% YoY; GAAP loss per share $0.88
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- Net revenue $95.3M, down 24% sequential and 62% YoY; GAAP gross margin 51.7%.
- GAAP diluted loss per share $0.88; non-GAAP diluted loss per share $0.21.
- Non-GAAP loss from operations was 18% of revenue vs income of 1% in prior quarter.
- Q2 guidance: revenue $90M-$110M; non-GAAP gross margin 58.5%-61.5%.
- CEO says revenue has bottomed and expects sequential growth throughout 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288469/000128846924000063/0001288469-24-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288469/000128846924000063/mxl-20240424.htm
  HTML page:      https://secwatch.observer/filing/0001288469-24-000063

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