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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 The company originally made waves by developing the world's first high-performance TV tuner chip using standard CMOS process technology, a feat others deemed impossible.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 (NYSE: MXL) reported preliminary Q3 2021 results indicating better-than-expected revenues driven by robust end-market demand and improved supply-chain conditions. The expected revenue is between $225.0M and $230.0M, surpassing prior guidance of $215.0M to $225.0M. Gross margins rose to 60.5% - 61.5% compared to previous estimates of 54.5% - 56.5%. Operating expenses are anticipated to be lower at $74.0M - $76.0M, down from an earlier forecast of $106.0M - $110.0M, indicating effective cost management.
MaxLinear, Inc. (NYSE: MXL) is showcasing Molex’s 400G-DR4 optical modules powered by MaxLinear’s Telluride (MxL9354x) digital signal processors at the China International Optoelectronic Exposition (CIOE) from September 16-18, 2021. These modules support high-performance 400Gbps data center connectivity, catering to the needs of hyperscale cloud networks. The MxL9354x SoCs enable compact designs and meet stringent performance metrics for data centers, aiding in the expansion of network infrastructures.
MaxLinear, Inc. (NYSE: MXL) has launched the DMI920 G.hn evaluation platform, enhancing connectivity for Industrial IoT (IIoT) applications. This platform integrates G.hn technology to transport high-speed data over various existing cabling, ensuring reliable communication in harsh industrial environments. The DMI920 supports up to 250 endpoints and is designed for diverse applications, including smart building systems and security. Key components include the G.hn Wave-2 chipset and multi-protocol transceiver. The DMI920 is now available for OEM evaluation.
MaxLinear, Inc. (NYSE: MXL) and RFHIC (KOSDAQ: 218410) have confirmed that their collaboration has resulted in a breakthrough in linearization performance for 5G macro base stations. RFHIC’s Gallium Nitride (GaN) transistors and hybrid power amplifier module, when combined with MaxLinear’s MaxLIN linearization technology, exceed 3GPP standards for ultra-wideband 5G New Radio (5G NR). This partnership enhances efficiency and performance across critical 5G frequency bands, supporting global sub-6GHz 5G spectrums and enabling faster production timelines for customers.
MaxLinear, Inc. (NYSE: MXL) has announced its participation in several upcoming financial conferences scheduled for August and September 2021. Key events include the Oppenheimer 24th Annual Technology, Internet & Communications Conference on August 11, the BMO 2021 Technology Summit on August 25, and the Deutsche Bank Technology Conference on September 9. All presentations will be conducted virtually, with webcasts available on www.maxlinear.com.
MaxLinear, Inc. (MXL) reported second quarter 2021 results with net revenue reaching $205.4 million, a 215% year-on-year increase. The GAAP gross margin improved to 54.8% from 50.2% a year prior. Operating expenses rose to $110.3 million, or 54% of revenue. Non-GAAP diluted EPS was $0.53, down from $0.55 in Q1. Looking ahead, the company estimates Q3 revenue to be between $215 million and $225 million, with non-GAAP gross margin expectations of 59.5% to 61.5%.
MaxLinear, Inc. (NYSE: MXL) announced that its interface bridges and multi-protocol transceivers are utilized in UTEK’s serial port expansion devices for Industrial IoT applications. With the rise of interconnected IoT devices, MaxLinear’s solutions offer essential architectural flexibility. Its USB bridges are among the smallest globally, enabling UTEK to design compact interface cables. The products feature advanced ESD protection and high I/O expansion capabilities. The collaboration with UTEK has spanned over a decade, aiming to enhance IIoT connectivity solutions.
MaxLinear, Inc. (NYSE: MXL) plans to release its financial results for Q2 2021 on July 28, 2021. The earnings announcement will take place after market close, followed by a conference call at 1:30 p.m. Pacific Time. CEO Kishore Seendripu and CFO Steve Litchfield will host the call, providing insights into the company's performance. Investors and analysts interested in the company's progress and future expectations are encouraged to participate.
MaxLinear, Inc. (NYSE: MXL) has secured a new $350 million seven-year senior secured term B loan facility aimed at refinancing existing credit facilities, covering related fees, and supporting working capital needs. Additionally, a $100 million five-year senior secured revolving credit facility was established, remaining undrawn upon closure. This strategic move enhances MaxLinear's borrowing capacity, extends the debt's term, and reduces amortization costs, thereby boosting operational flexibility for growth initiatives.
MaxLinear (MXL) and Cree (CREE) announced a groundbreaking collaboration to enhance 5G wireless technology through MaxLinear's ultra-wideband linearization solution and Cree's GaN on SiC power amplifiers. This partnership aims to significantly boost wireless capacity for 5G base stations, allowing for more simultaneous users and faster data transmission. The combined solution not only offers substantial power and cost savings but also addresses key challenges in deploying massive MIMO arrays.
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