William G. Torgerson
On October 29, 2024, William G. Torgerson, Vice President and General Manager, Broadband Group of MaxLinear, Inc. (the “Company”), notified the Company of his intention to resign.
Highest-materiality recent filing
Q2 net revenue $168.8M, up 55% YoY and 23% sequentially.
MaxLinear dismisses Grant Thornton, appoints KPMG as auditor for FY2026
Grant Thornton dismissed effective May 28, 2026; no adverse opinions or disagreements in prior audits.
MaxLinear stockholders approve equity plan amendment adding 3.2M shares, re-elect directors
Approved amendment to 2010 Equity Incentive Plan: new 10-year term, increase share reserve by 3,204,107 shares (total ~18.79M).
MaxLinear Q1 revenue $137.2M, up 43% YoY; infrastructure growth 136%; guides Q2 rev $160-170M
Q1 net revenue $137.2M, up 1% sequentially and 43% YoY; GAAP diluted loss per share $0.52 vs $0.17 prior qtr.
MaxLinear appoints Kris Sennesael to Board of Directors, effective Feb 13, 2026
Sennesael is EVP & CFO of Western Digital; over 25 years semiconductor industry experience.
MaxLinear Q4 revenue $136.4M (+48% YoY); non-GAAP EPS $0.19; Q1 guidance $130-140M
Q4 net revenue $136.4M, up 8% sequentially and 48% YoY; FY2025 revenue $467.6M, up 30% YoY.
MaxLinear authorizes $75M share repurchase through Nov 2028
Board approved up to $75M buyback on Nov 20, 2025, expiring Nov 20, 2028.
MaxLinear Q3 revenue $126.5M (+56% YoY); non-GAAP EPS $0.14 vs loss year ago
Net revenue $126.5M, up 16% QoQ and 56% YoY, exceeding mid-point of guidance.
MaxLinear Q2 revenue $108.8M (+18% YoY); non-GAAP EPS $0.02 returns to profitability
Net revenue $108.8M, up 13% sequentially and 18% YoY; GAAP gross margin 56.5%.
MaxLinear say-on-pay fails; equity plan amendment rejected at annual meeting
Say-on-pay vote: 31,897,699 against vs 13,664,945 for; not approved.
MaxLinear Q1 revenue $95.9M, GAAP EPS -$0.58; guides Q2 rev $95M-$115M
Q1 net revenue $95.9M, up 4% sequentially and 1% YoY.
MaxLinear Q4 revenue $92.2M, down 26% YoY; FY2024 revenue $360.5M, down 48% YoY; guides Q1 $85-105M
Q4 net revenue $92.2M (+14% seq, -26% YoY); GAAP EPS -$0.68, non-GAAP EPS -$0.09.
MaxLinear VP and GM of Broadband Group William Torgerson resigns; effective March 31, 2025
William G. Torgerson, Vice President and General Manager, Broadband Group, notified his resignation on October 29, 2024.
MaxLinear Q3 2024 revenue $81.1M, down 40% YoY; GAAP EPS -$0.90
Net revenue $81.1M, down 12% sequentially and 40% YoY; GAAP gross margin 54.4%.
MaxLinear eliminates General Counsel & Chief Compliance Officer role as part of workforce reduction
On August 21, 2024, MaxLinear eliminated the General Counsel and Chief Compliance Officer position as part of cost-cutting.
MaxLinear Q2 revenue $92M, down 50% YoY; GAAP EPS loss $0.47, non-GAAP loss $0.25
Net revenue $92.0M, down 3% sequentially and 50% YoY; GAAP gross margin 54.6% vs 55.9% YoY.
MaxLinear adopts 2024 Inducement Plan, reserves 4M shares for new employee equity awards
Board adopted 2024 Inducement Equity Incentive Plan on May 22, 2024, without stockholder approval.
Kishore Seendripu re-elected with 64.7M for, 1.2M against; Thomas Pardun with 62.4M for, 3.5M against; Gregory Dougherty with 50.2M for, 15.7M against.
MaxLinear Q1 revenue $95.3M, down 62% YoY; GAAP loss per share $0.88
Net revenue $95.3M, down 24% sequential and 62% YoY; GAAP gross margin 51.7%.
MaxLinear Q4 2023 rev $125.4M (-57% YoY), FY rev $693.3M (-38%); guides Q1 $85-105M
Q4 net revenue $125.4M, down 57% YoY and 8% sequentially; GAAP gross margin 54.7%.
MaxLinear expects $30M-$40M restructuring costs in 2024 from workforce reduction
Incurred approximately $10M-$11M in restructuring costs in Q4 2023 related to severance.
MaxLinear Q3 revenue $135.5M (-53% YoY); GAAP loss $0.49/share; guides Q4 lower
Net revenue of $135.5M, down 26% sequentially and 53% YoY; infrastructure revenue up 40% YoY to $50M.
MaxLinear terminates Silicon Motion merger agreement, cites MAE and material breach
MaxLinear terminated the merger agreement with Silicon Motion on July 26, 2023 after receiving Chinese regulatory approval.
MaxLinear Q2 revenue $183.9M, down 34% YoY; guides Q3 $125-155M
Revenue $183.9M (-34% YoY); GAAP diluted loss per share $0.05; non-GAAP EPS $0.34 (down from $0.74 prior quarter).
MaxLinear re-files HSR clearance for Silicon Motion merger after prior 1-year clearance expired
HSR waiting period expired June 27, 2022; deal not consummated by June 27, 2023, so clearance lapsed.
MaxLinear stockholders re-elect three Class II directors, approve say-on-pay and charter amendment
Carolyn D. Beaver, Albert J. Moyer, and Theodore L. Tewksbury re-elected as Class II directors until 2026.
MaxLinear provides investor update; slide presentation filed, no specific details disclosed
Company posted an updated investor presentation on its website on May 9, 2023.
MaxLinear Q1 revenue $248.4M, down 15% QoQ; Q2 guidance $175M-$205M, well below Q1
GAAP EPS $0.12 vs $0.42 YoY; non-GAAP EPS $0.74 vs $1.00 YoY; revenue down 6% YoY.
MaxLinear Q4 revenue $290.6M record, EPS $0.38 GAAP/$1.07 non-GAAP; FY22 revenue $1.1B
Q4 net revenue $290.6M record, up 17% YoY; FY22 revenue $1.1B first time above $1B.
MaxLinear adopts amended bylaws with updated stockholder proposal and director nomination procedures
Board amended bylaws on November 14, 2022, effective immediately.
MaxLinear Q3 record revenue $285.7M (+24% YoY); non-GAAP EPS $1.05; Q4 rev guidance $285-295M
Record net revenue of $285.7M, up 24% YoY; GAAP EPS $0.35, non-GAAP EPS $1.05.
MaxLinear provides updated presentation on Silicon Motion acquisition at conference
Officers presented updated slide deck at Wells Fargo 2022 Leveraged Finance Conference on September 8, 2022.
Silicon Motion shareholders approve MaxLinear merger; close subject to Chinese regulatory approval
Shareholders of Silicon Motion approved the merger with MaxLinear at an EGM on August 31, 2022.
SAMR advised parties to refile under normal procedure after simplified filing on July 6, 2022.
MaxLinear Q2 revenue $280M (+36% YoY); non-GAAP EPS $1.11 beats prior $1.00
Record net revenue $280M, up 6% QoQ and 36% YoY; GAAP gross margin 58.7%.
MaxLinear and Silicon Motion Clear HSR Antitrust Waiting Period for Merger
HSR waiting period expired at 11:59 p.m. ET on June 27, 2022, clearing a key condition for the $93.54 per ADS + 0.388 MXL shares deal.
MaxLinear amends commitment letter for $3.5B credit facilities to fund Silicon Motion acquisition
Senior secured credit facilities: $2.7375B Term B loan, $512.5M Term A loan, $250M revolver.
MaxLinear annual meeting re-elects directors, approves say-on-pay and auditor
Daniel A. Artusi re-elected with 61,395,242 votes for; 2,073,980 against; 29,210 abstain.
MaxLinear to acquire Silicon Motion for $3.8B; 48% premium, combined revenue >$2B
Per ADS consideration: $93.54 cash + 0.388 MXL shares, total $114.34 (48% premium to Apr 22 undisturbed price).
MaxLinear reports record Q1 revenue of $263.9M, up 26% YoY; guides Q2 revenue $275M-$285M
Record net revenue of $263.9M, +6% QoQ and +26% YoY; GAAP diluted EPS $0.42, non-GAAP diluted EPS $1.00.
MaxLinear Q4 revenue $247.9M, up 27% YoY; guides Q1 revenue $255-265M
Record revenue $247.9M (+8% QoQ, +27% YoY); GAAP EPS $0.35, non-GAAP EPS $0.86.
MaxLinear to transfer stock exchange listing from NYSE to Nasdaq, effective Dec 13, 2021
Voluntary transfer from NYSE to Nasdaq Global Select Market; last NYSE trading day expected Dec 10, 2021.
MaxLinear Q3 revenue $229.8M, up 47% YoY; non-GAAP EPS $0.75 vs $0.32 YoY
Record net revenue $229.8M, up 12% sequentially and 47% YoY; GAAP gross margin 56.5%, non-GAAP 61.3%.
MaxLinear Q3 preliminary revenue $225-230M, above prior $215-225M guidance
Preliminary Q3 revenue $225M-$230M, above guidance of $215M-$225M.
MaxLinear Q2 revenue $205.4M (+215% YoY); non-GAAP EPS $0.53; Q3 guidance $215-225M
Net revenue $205.4M, up 215% YoY; GAAP diluted EPS $0.01, non-GAAP diluted EPS $0.53.
On October 29, 2024, William G. Torgerson, Vice President and General Manager, Broadband Group of MaxLinear, Inc. (the “Company”), notified the Company of his intention to resign.
Max materiality 0.90 · Median 0.75 · Most common event earnings