secwatch.observer — SEC 8-K summary
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Issuer:     MAXLINEAR, INC (MXL)
CIK:        0001288469
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0001288469-24-000127
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MaxLinear Q3 2024 revenue $81.1M, down 40% YoY; GAAP EPS -$0.90
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- Net revenue $81.1M, down 12% sequentially and 40% YoY; GAAP gross margin 54.4%.
- GAAP diluted EPS -$0.90; non-GAAP diluted EPS -$0.36; non-GAAP loss from ops 31% of revenue.
- Q4 2024 guidance: revenue $80-100M, GAAP gross margin 54-57%, non-GAAP op ex $58-64M.
- Management cites recovery in customer orders and high-speed optical interconnect run rate >1M units/year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288469/000128846924000127/0001288469-24-000127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288469/000128846924000127/mxl-20241023.htm
  HTML page:      https://secwatch.observer/filing/0001288469-24-000127

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