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 The company originally made waves by developing the world's first high-performance TV tuner chip using standard CMOS process technology, a feat others deemed impossible.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, a leading provider of RF and mixed-signal integrated circuits, announced its participation in several financial conferences in May and June 2021. Key events include the 16th Annual Needham Virtual Technology & Media Conference on May 18, J.P. Morgan Global Technology Conference on May 24, and others on June 2, 3, 9, and 10. Each presentation will occur virtually, with webcasts available on their investor relations website. The conferences will showcase MaxLinear’s innovative solutions for various infrastructure applications.
MaxLinear, Inc. (NYSE: MXL) reported first-quarter 2021 results with net revenue of $209.4 million, an 8% increase sequentially and a remarkable 238% rise year-on-year. The company achieved a GAAP gross margin of 53.4%, up from 42.7% in the prior quarter. Operating expenses decreased to $101.8 million, representing 49% of net revenue. Non-GAAP diluted EPS stood at $0.55, improving from $0.39 in the previous quarter. Despite anticipated supply-chain challenges, management remains confident in ongoing demand for broadband access and infrastructure products. Q2 2021 revenue guidance is set at $200-$210 million.
MaxLinear, Inc. (NYSE: MXL) and Inango Systems have announced a strategic partnership to market and sell the Inango Service Orchestration software, enhancing service delivery for internet service providers. This collaboration aims to enable rapid deployment and management of software services, improving user experience and operational efficiencies. The Inango platform is expected to integrate with MaxLinear's Puma™ and URX processors, facilitating cost-effective service delivery. This partnership positions MaxLinear to leverage new market opportunities in the broadband ecosystem.
MaxLinear, Inc. (NYSE: MXL) will announce its Q1 2021 financial results on April 28, 2021, after market close. A conference call will take place at 1:30 p.m. PT (4:30 p.m. ET) to discuss the results, hosted by CEO Kishore Seendripu and CFO Steve Litchfield. The announcement reflects the company's ongoing commitment to transparency and engagement with investors.
MaxLinear, Inc. (NYSE: MXL) has appointed Dr. Tsu-Jae King Liu, an esteemed professor and Dean at UC Berkeley, to its board of directors as a Class I director, effective immediately. Dr. Liu's expertise in semiconductor process technologies, including her role as a co-inventor of the FinFET design, is expected to enhance MaxLinear’s growth and innovation in semiconductor solutions. She brings significant leadership experience from her prior role on Intel's board and her status as a National Academy of Engineering member.
MaxLinear (NYSE: MXL) has expanded its Ethernet portfolio with the GPY241, the industry's first quad-port 2.5GBASE-T Ethernet PHY. This new device allows manufacturers to provide multiple cost-effective 2.5G ports in high-speed switches and routers. The demand for 2.5G Ethernet is rapidly increasing, with expectations to reach 1 billion ports in five years, driven by applications such as Wi-Fi 6 and 10GPON modems. The GPY241 supports various standards and boasts a compact design while ensuring energy efficiency and low power consumption.
MaxLinear, Inc. (NYSE: MXL) has announced a share buyback plan authorizing the repurchase of up to $100 million of its common stock. The buyback's execution will depend on market conditions, trading prices, and other corporate factors. The authorization is valid until February 16, 2024, and allows management discretion in transactions. CEO Kishore Seendripu expressed confidence in the company's growth prospects and commitment to enhancing shareholder value through this initiative.
MaxLinear (NYSE: MXL) has integrated its dual-band RF power amplifier (PA) linearization algorithms into NI's (NASDAQ: NATI) RFIC test software. This collaboration aims to enhance the validation of wideband cellular infrastructure PA designs, improving power efficiency and minimizing non-linear effects. This partnership addresses the growing need for efficient RF front-end designs in 5G networks, offering substantial advantages in ACLR and EVM. The integration enables engineers to reduce power consumption in 4G and 5G RF radio units, facilitating quicker product development cycles.
MaxLinear (NYSE: MXL) has announced a collaboration with Facebook Connectivity to enhance Evenstar radio units (RUs) by integrating advanced silicon technologies and radio processing algorithms. This partnership aims to improve performance and reduce costs in 4G and 5G networks within the OpenRAN ecosystem. MaxLinear's technology utilizes machine learning algorithms to increase power amplifier efficiency, potentially lowering power consumption by up to 300W for massive MIMO setups. This initiative signals a commitment to accelerate OpenRAN adoption and innovation.
MaxLinear, Inc. (NYSE: MXL) reported Q4 2020 financial results, achieving $194.7 million in net revenue, a 24% sequential increase and 178% year-on-year growth. GAAP gross margin stood at 42.7%, down from 52.3% a year earlier. Operating expenses totaled $106.7 million, equating to 55% of net revenue. Despite a GAAP diluted loss per share of $0.33, cash flow from operations improved to $74.3 million. The company expects Q1 2021 revenue of $200-$210 million, with a gross margin forecast of 51.5%-53.5%.
FAQ
What is the current stock price of MaxLinear (MXL)?
What is the market cap of MaxLinear (MXL)?
What does MaxLinear, Inc. specialize in?
On which stock exchange is MaxLinear, Inc. traded?
Who are MaxLinear's customers?
What was MaxLinear's significant early achievement?
What markets do MaxLinear's products serve?
What types of products does MaxLinear offer?
How does MaxLinear contribute to the broadband market?
What is MaxLinear's approach to innovation?
What significant markets does MaxLinear impact?
What is the significance of MaxLinear's CMOS technology achievement?
