Maxlinear Inc reports results for the quarter ended December 31 - Earnings Summary

• Maxlinear Inc MXL.OQ reported a quarterly adjusted loss of 9 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of ten analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -16 cents to -11 cents per share.

• Revenue fell 26.5% to $92.17 million from a year ago; analysts expected $89.90 million.

• Maxlinear Inc's reported EPS for the quarter was a loss of 68 cents​.

• The company reported a quarterly loss of $57.84 million.

• Maxlinear Inc shares had risen by 3.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the semiconductors peer group is "hold."

Wall Street's median 12-month price target for Maxlinear Inc is $22.00

This summary was machine generated from LSEG data January 29 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)