Welcome to our dedicated page for MaxLinear news (Ticker: MXL), a resource for investors and traders seeking the latest updates and insights on MaxLinear stock.
MaxLinear, Inc. (NYSE: MXL) is a global, New York Stock Exchange-traded company that embodies the entrepreneurial spirit. As a fabless system-on-chip product company, MaxLinear designs highly integrated, radio-frequency, and mixed-signal communications ICs for broadband and infrastructure applications. The company is renowned for recruiting top talent worldwide and offering engaging opportunities in the broadband and infrastructure sectors.
MaxLinear's growth stems from innovative and bold solutions to some of the most challenging communication technology problems. The company originally made waves by developing the world's first high-performance TV tuner chip using standard CMOS process technology, a feat others deemed impossible. MaxLinear's success with CMOS technology led to enduring global market leadership and a diversified product portfolio.
The company's product range includes radio frequency receivers and systems-on-chips for satellite communications, cable modems, and terrestrial TV. MaxLinear's products are pivotal in capturing and processing digital and analog broadband signals, enabling the distribution and display of broadband video and data content across a wide array of electronic devices.
MaxLinear's clients include original equipment manufacturers (OEMs), module makers, and original design manufacturers (ODMs). The company continues to expand its footprint with products for data centers, metro, and long-haul fiber networks, making significant strides in enhancing connectivity and communications infrastructure globally.
- MaxLinear's innovative approach has led to significant market leadership in the communications IC space.
- The company's products are integral to the broadband and infrastructure markets.
- MaxLinear’s clientele includes major OEMs, module makers, and ODMs.
MaxLinear (MXL), a provider of RF, analog, digital and mixed-signal integrated circuits, has announced its participation in four upcoming financial conferences. The company will attend the 13th Annual Roth Technology Conference in New York on November 20th, the Wells Fargo 8th Annual TMT Summit in Rancho Palos Verdes on December 3rd at 12:45 PM PT, the UBS Global Technology and AI Conference in Scottsdale on December 4th at 8:55 AM MT, and the virtual Northland Growth Conference on December 12th. Webcasts for the Wells Fargo and UBS presentations will be available on MaxLinear's investor relations website.
MaxLinear (Nasdaq: MXL) has announced the granting of equity awards, known as Inducement Grants, to newly hired employees under its 2024 Inducement Equity Incentive Plan. These grants, which were pre-approved by the company's Compensation Committee of the Board of Directors, are part of MaxLinear's employee compensation strategy. MaxLinear, which specializes in RF, analog, digital and mixed-signal integrated circuits, has made detailed information about these equity awards available on their investor relations website.
MaxLinear (MXL) and Quanta Cloud Technology (QCT) announced their new Software-Defined Storage solution at SC24 in Atlanta. The solution combines MaxLinear's ZFlush™, Panther III accelerated Zettabyte File System with advanced compression, and QCT's storage platform. The integration delivers enhanced storage efficiency and optimized capacity for large-scale distributed systems, specifically designed for AI and HPC workloads. The solution features QCT's QuantaGrid D54Q-2U Server and MaxLinear's Storage Acceleration SDK with Panther III Storage Accelerator SoC, offering improved throughput and reduced latency for data-intensive applications.
MaxLinear (Nasdaq: MXL) has launched two new RS-485 serial transceiver families, MxL8312x and MxL8321x, featuring nine product SKUs. These transceivers offer data rates up to 50Mbps, small 3mm x 3mm packages, and enhanced protection for harsh industrial environments. The products include IEC61000-4-2-ESD and IEC61000-4-4 electrical fast transient protection, supporting both 3.3V and 5V systems. The new families expand MaxLinear's portfolio, targeting applications in factory automation, industrial motor drives, robotics, and building automation sectors.
MaxLinear (MXL) reported Q3 2024 financial results with net revenue of $81.1 million, down 12% sequentially and 40% year-over-year. GAAP gross margin was 54.4%, with a GAAP loss per share of $0.90. Non-GAAP gross margin reached 58.7%, with a loss per share of $0.36. The company used $30.7 million in operating activities. For Q4 2024, MaxLinear expects revenue between $80-100 million, with GAAP gross margin of 54.0-57.0% and non-GAAP gross margin of 57.5-60.5%. Management highlighted encouraging signs of recovery, including improved customer orders and progress in new product traction.
MaxLinear (NASDAQ: MXL) has been awarded Cisco's 2024 Emerging Supplier of the Year at Cisco's annual Supplier Appreciation Event (SAE). This prestigious recognition honors MaxLinear for its partnership with Cisco in developing and implementing capabilities that contribute to Cisco's success and create customer value.
The award was presented at a live event attended by hundreds of executives representing Cisco's diverse supplier base. Marco De Martin, SVP of Global Supplier Management at Cisco, emphasized the important role of suppliers and partners in providing innovative technology for Cisco's customers, particularly in the era of AI, modern infrastructure, and cybersecurity.
This marks the 33rd consecutive year of Cisco's SAE, which serves as a platform to recognize exceptional performance among supply chain partners and share Cisco's strategic priorities with its global network of suppliers.
MaxLinear has unveiled MaxAI™, a groundbreaking hardware-optimized, use-case aware, native-ML technology framework designed to enhance user experience, improve quality of service (QoS), and lower support costs for Multiple System Operators (MSOs). The framework addresses the challenges of diverse Wi-Fi environments and application requirements in homes and businesses.
MaxAI is integrated into MaxLinear's AnyWAN™ solutions, enhancing network performance, security, issue triage, and diagnostics. It adapts intelligently to usage patterns while adhering to application KPIs. The framework is scalable and flexible, offering implementation options from pre-trained recipes to advanced cloud compute configurations.
MaxLinear will showcase this technology on its AnyWAN-based Wi-Fi 7 platform at Network X 2024 in Paris, featuring the URX852 network processor SoC and MxL31712 Wi-Fi 7 radio. The demo will highlight hardware-optimized AI, natural language interaction, and intelligent diagnostics.
MaxLinear, a provider of RF, analog, digital, and mixed-signal integrated circuits, has announced its upcoming conference call to discuss third quarter 2024 financial results. The call is scheduled for Wednesday, October 23, 2024, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time), following the release of financial results after market close on the same day.
The conference call will be hosted by Kishore Seendripu, Ph.D., CEO, and Steve Litchfield, CFO and Chief Corporate Strategy Officer. Interested parties can join via phone using the US toll-free number 1-877-407-3109 or the international number 1-201-493-6798. A webcast will also be available on the company's investor relations website.
MaxLinear, a leader in high-performance analog and mixed-signal ICs for connectivity solutions, has partnered with Rochester Electronics to provide ongoing lifecycle management and customer support for their SHDSL product portfolio. Rochester Electronics is the world's largest continuous source of semiconductors, offering 100% authorized, traceable, certified, and guaranteed devices.
Rochester supports MaxLinear's PEF2x628E (Socrates-e) SHDSL transceivers, which can operate as drop-in replacements for PEF2x624 transceivers. These devices are used in mature telecom and industrial systems, including access networks, customer premise equipment, and industrial networks. They offer functions such as Point-to-Multipoint SHDSL, party line SHDSL, and Ethernet Extender capabilities.
This partnership aims to support existing applications with 10-20 year lifetime expectations, avoiding complex redesigns. Rochester has built up inventory from the last available wafer materials to support ongoing customer demands on a first-come, first-serve basis.
Bronstein, Gewirtz & Grossman, is investigating potential claims against MaxLinear, Inc (NYSE:MXL) on behalf of shareholders. The investigation follows MaxLinear's Q2 2024 results announcement, which revealed a 50% year-over-year decline in net revenue to $92 million. The company attributed this drop to prolonged customer inventory burn-off and weakened demand. Following this news, MaxLinear's stock price fell 37.1% to $14.02 on July 25, 2024. Investors who purchased MaxLinear securities are encouraged to assist the investigation. The law firm is representing investors on a contingency fee basis, seeking reimbursement for expenses and attorneys' fees only if successful.
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