MaxLinear (MXL) Reports Q2 Loss, Lags Revenue Estimates
MaxLinear(MXL) ZACKS·2024-07-25 06:30
This quarterly report represents an earnings surprise of -25%. A quarter ago, it was expected that this chipmaker would post a loss of $0.20 per share when it actually produced a loss of $0.21, delivering a surprise of -5%. MaxLinear, which belongs to the Zacks Semiconductor - Analog and Mixed industry, posted revenues of $91.99 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 8.03%. This compares to year-ago revenues of $183.94 million. The company has topped consensus reven ...