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
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.
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 0.80 · Median 0.65 · Most common event earnings