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MaxLinear Inc (MXL.N)

MXL.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

MaxLinear Inc Q2 non-GAAP earnings per share $0.35
Tuesday, 8 Aug 2017 04:05pm EDT 

Aug 8 (Reuters) - MaxLinear Inc :MaxLinear Inc announces second quarter 2017 financial results.Q2 non-GAAP earnings per share $0.35.Q2 GAAP earnings per share $0.16.Sees Q3 revenue $114 million to $118 million.Q2 revenue $104.2 million versus I/B/E/S view $107.8 million.Q2 earnings per share view $0.32 -- Thomson Reuters I/B/E/S.MaxLinear Inc sees Q3 2017 GAAP and non-GAAP gross margin of approximately 45% and 61%, respectively.Q3 revenue view $124.6 million -- Thomson Reuters I/B/E/S.  Full Article

Maxlinear says entered into a credit agreement on May 12, 2017
Friday, 12 May 2017 09:23am EDT 

May 12 (Reuters) - Maxlinear Inc :Maxlinear inc - on may 12, 2017 maxlinear, inc. Entered into a credit agreement.Maxlinear inc- credit agreement provides for a secured term b loan facility in an aggregate principal amount of $425.0 million - sec filing.Maxlinear inc - credit agreement permits company to request incremental loans in an aggregate principal amount not to exceed sum of $160.0 million.  Full Article

EXAR CORP QTRLY GAAP EPS OF $0.03
Tuesday, 9 May 2017 04:16pm EDT 

May 9 (Reuters) - Exar Corp ::EXAR CORPORATION ANNOUNCES FISCAL 2017 FOURTH QUARTER AND YEAR-END FINANCIAL RESULTS.QTRLY NET SALES OF $27.8 MILLION, UP 2% SEQUENTIALLY AND 10% YEAR-OVER-YEAR.QTRLY GAAP EPS OF $0.03 (NON-GAAP EPS OF $0.09).Q4 EARNINGS PER SHARE VIEW $0.08, REVENUE VIEW $27.8 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Maxlinear Q1 non-GAAP earnings per share $0.33
Tuesday, 9 May 2017 04:05pm EDT 

May 9 (Reuters) - Maxlinear Inc :Maxlinear, inc. Announces first quarter 2017 financial results.Q1 non-GAAP earnings per share $0.33.Q1 GAAP earnings per share $0.12.Q1 revenue $88.8 million versus I/B/E/S view $88.1 million.Q1 earnings per share view $0.31 -- Thomson Reuters I/B/E/S.Gross margin for Q1 2017 was 59.6 percent of revenue versus 59.6 for Q1 2016.Maxlinear - sees Q2 2017 revenue between $90 million & $94 million; sees Q2 2017 GAAP gross margin to be about 58 percent of revenue.Maxlinear - sees Q2 2017 non-gaap gross margin to be about 62.5 to 63 percent of revenue.Q2 revenue view $93.3 million -- Thomson Reuters I/B/E/S.  Full Article

Maxlinear- Exar must pay Maxlinear termination fee of $24.8 mln
Wednesday, 29 Mar 2017 06:21am EDT 

Maxlinear Inc : Maxlinear- Exar must pay maxlinear termination fee of $24.8 million & reimburse maxlinear’s expenses up to $3 million upon termination of merger agreement .Maxlinear Inc - boards of directors of Maxlinear, merger sub, and Exar unanimously approved the terms of the merger agreement.  Full Article

Maxlinear to acquire exar in all-cash transaction
Wednesday, 29 Mar 2017 06:00am EDT 

Maxlinear Inc : Maxlinear to acquire Exar in all-cash transaction . Maxlinear to acquire Exar in all-cash transaction . Maxlinear inc - acquisition expected to be immediately accretive to non-GAAP eps and free cash flow . Maxlinear Inc - Maxlinear and Exar reaffirm previously announced revenue guidance for current quarter . Says Maxlinear has agreed to acquire Exar for $13.00 per share in cash . Maxlinear Inc - deal for approximately $700 million . Maxlinear Inc - deal's total value is approximately $700 million, or $472 million net of exar's cash acquired . Maxlinear Inc - total value is approximately $700 million . Maxlinear Inc - intends to fund transaction with cash from combined balance sheets and a $425 million term loan . Maxlinear Inc - as a result of combination, Maxlinear expects to realize annualized run-rate synergies of $15 million within 12 months of closing . Says transaction will be conducted by means of a tender offer . Maxlinear Inc - Exar reaffirms fiscal Q4 2017 guidance . Maxlinear - deal will be conducted by means of a tender offer for all of outstanding shares of common stock of exar, followed by a second-step merger . Maxlinear Inc - boards of directors of both companies have unanimously approved transaction . Maxlinear-Received support agreements from certain exar stockholders, directors, management totaling about 20pct of exar's common shares outstanding for deal.  Full Article

Maxlinear Inc to acquire Marvell's G.HN business
Wednesday, 8 Feb 2017 04:05pm EST 

Maxlinear Inc : Maxlinear Inc - deal for $21 million . Maxlinear Inc sees Q1 GAAP gross margin to be approximately 59 percent of revenue, and non-GAAP gross margin to be approximately 62 percent of revenue . Maxlinear Inc announces fourth quarter 2016 financial results and the acquisition of Marvell's G.HN business . Q4 non-GAAP earnings per share $0.38 . Q4 GAAP earnings per share $0.12 . Q4 revenue $87.1 million versus I/B/E/S view $85.9 million . Sees Q1 2017 revenue $86 million to $90 million . Q1 revenue view $88.6 million -- Thomson Reuters I/B/E/S .Q4 earnings per share view $0.35 -- Thomson Reuters I/B/E/S.  Full Article

Maxlinear Inc Announces Q2 2016 financial results
Monday, 8 Aug 2016 04:00pm EDT 

Maxlinear Inc :Maxlinear, Inc. Announces second quarter 2016 financial results.  Full Article

Maxlinear Inc. Q1 gaap earnings per share $0.29
Monday, 9 May 2016 04:05pm EDT 

Maxlinear Inc : Sees q2 gaap gross profit to be approximately 60 percent to 61 percent of revenue . Sees q2 non-gaap gross profit to be 62 percent to 63 percent of revenue . Maxlinear, inc. Announces first quarter 2016 financial results and the acquisition of broadcom corporation's wireless infrastructure backhaul business . Q1 non-gaap earnings per share $0.47 . Q1 gaap earnings per share $0.29 . Q1 revenue $102.7 million versus i/b/e/s view $102.2 million . Q1 earnings per share view $0.45 -- Thomson Reuters I/B/E/S .Sees q2 2016 revenue $100 million to $104 million.  Full Article

MaxLinear Inc gives Q4 2015 revenue guidance in line with analysts' estimates
Tuesday, 3 Nov 2015 04:05pm EST 

MaxLinear Inc:Expects revenue in Q4 2015 to be between $95 million and $100 million.Q4 2015 revenue of $95 million - Thomson Reuters I/B/E/S.  Full Article

BRIEF-MaxLinear Inc Q2 non-GAAP earnings per share $0.35

* MaxLinear Inc announces second quarter 2017 financial results