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MaxLinear Inc (MXL)

MXL on New York Consolidated

31.55USD
26 May 2017
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Tue, May 9 2017

BRIEF-Maxlinear Q1 non-GAAP earnings per share $0.33

* Maxlinear, inc. Announces first quarter 2017 financial results

BRIEF-Vixs sells Legacy Moca business to Maxlinear, with IP license

* Vixs sells Legacy Moca business to Maxlinear, with IP license

BRIEF-Maxlinear- Exar must pay Maxlinear termination fee of $24.8 mln

* Maxlinear- Exar must pay maxlinear termination fee of $24.8 million & reimburse maxlinear’s expenses up to $3 million upon termination of merger agreement

BRIEF-Maxlinear to acquire exar in all-cash transaction

* Maxlinear inc - acquisition expected to be immediately accretive to non-GAAP eps and free cash flow

BRIEF-Maxlinear Inc to acquire Marvell's G.HN business

* 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

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