Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Maxlinear Inc (MXL)
NASDAQ:MXL
Holding MXL?
Track your performance easily
Earnings Data
Report Date
Jan 29, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.13Last Year’s EPS
$0.01Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 23, 2024
|% Change Since: 29.05%
|Next Earnings Date:Jan 29, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements in new product traction and strategic partnerships, as well as a positive outlook for future revenue growth. However, these were tempered by a current revenue decline, high operating expenses, and challenges in specific market segments like broadband. Despite these challenges, the company expressed confidence in improvement and growth in the upcoming quarters.Company Guidance
During MaxLinear's earnings call for Q3 2024, the company provided guidance for Q4 2024, anticipating revenue between $80 million and $100 million. They expect GAAP gross margin to range from 54% to 57% and non-GAAP gross margin from 57.5% to 60.5%. GAAP operating expenses are forecasted between $88 million and $94 million, while non-GAAP operating expenses are projected to be $58 million to $64 million. Additionally, GAAP and non-GAAP interest and other expenses are estimated to range from $1 million to $2.5 million. The expected diluted share count for both GAAP and non-GAAP is approximately 84.5 million shares. The company also expressed optimism in their business recovery, citing improvements in customer order rates, engagement in multiple industry events, and traction with new product launches as contributing factors.Improvement in Customer Order Rates
Meaningful improvements in customer order rates for several quarters along with expedites in orders placed within lead times, indicating early signs of recovery.
Recognition from Cisco
Received Best Emerging Supplier of the Year Award from Cisco, indicating recognition and validation from a key industry player.
Optical Transceivers Run Rate
Product shipment volume run rate is now greater than 1 million units per year in optical transceivers, with expectations to exceed this run rate in 2025.
New Product Traction
Showcased new technology and products at industry events, including partnerships with AMD and ONET, and introduced MaxAI for enhanced network performance.
Sequential Revenue Growth Expectation
Confident in achieving sequential improvement in revenues in the coming quarters, with a positive turning point in the business.
---
MXL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
MXL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 23, 2024 | $14.87 | $15.09 | +1.48% |
| Jul 24, 2024 | $22.29 | $14.02 | -37.10% |
| Apr 24, 2024 | $20.93 | $20.68 | -1.19% |
| Jan 31, 2024 | $20.82 | $18.52 | -11.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Maxlinear Inc (MXL) report earnings?
Maxlinear Inc (MXL) is schdueled to report earning on Jan 29, 2025, TBA Not Confirmed.
What is Maxlinear Inc (MXL) earnings time?
Maxlinear Inc (MXL) earnings time is at Jan 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MXL EPS forecast?
MXL EPS forecast for the fiscal quarter 2024 (Q4) is -$0.13.
---