MaxLinear (NASDAQ:MXL) reported its Q4 earnings results on Wednesday, January 31, 2024 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
MaxLinear reported in-line EPS of $0.01 versus an estimate of $0.01.
Revenue was down $165.23 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 21.96% drop in the share price the next day.
Here’s a look at MaxLinear’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.04 | 0.33 | 0.70 | 1.06 |
| EPS Actual | 0.02 | 0.34 | 0.74 | 1.07 |
| Revenue Estimate | 139.23M | 190.30M | 250.14M | 290.05M |
| Revenue Actual | 135.53M | 183.94M | 248.44M | 290.59M |
To track all earnings releases for MaxLinear visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
