earnings
confidence high
sentiment negative
materiality 0.80
MaxLinear Q2 revenue $92M, down 50% YoY; GAAP EPS loss $0.47, non-GAAP loss $0.25
MAXLINEAR, INC
2024-Q2 EPS reported
-$1.35
revenue$187,259,000
- Net revenue $92.0M, down 3% sequentially and 50% YoY; GAAP gross margin 54.6% vs 55.9% YoY.
- GAAP loss from operations 44% of revenue; GAAP diluted EPS loss $0.47 vs $0.05 loss YoY.
- Non-GAAP loss from operations 21% of revenue; non-GAAP diluted EPS loss $0.25.
- Operating cash flow used $2.7M vs provided $30.6M YoY.
- Q3 2024 outlook: net revenue $70M-$90M; GAAP gross margin 52.5%-55.5%.