financetom
Business
financetom
/
Business
/
MaxLinear Swings to Q4 Non-GAAP Loss; Revenue Declines; Q1 Revenue Outlook Issued
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
MaxLinear Swings to Q4 Non-GAAP Loss; Revenue Declines; Q1 Revenue Outlook Issued
Jan 29, 2025 2:29 PM

05:05 PM EST, 01/29/2025 (MT Newswires) -- MaxLinear ( MXL ) reported a Q4 non-GAAP loss of $0.09 per diluted share, swinging from earnings of $0.01 per share a year earlier.

Analysts polled by FactSet expected a loss of $0.13 per share.

Revenue for the quarter ended Dec. 31 was $92.2 million, down from $125.4 million a year earlier. Analysts surveyed by FactSet expected $90 million.

The company sees Q1 net revenue between $85 million and $105 million. Analysts are looking for $93.2 million.

MaxLinear ( MXL ) shares fell more than 10% in after-hours trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved