Maxlinear Inc expected to post a loss of 32 cents a share - Earnings Preview

MaxLinear

21/10/2024 23:03

* Maxlinear Inc  MXL.OQ   MXL.O  is expected to show a fall
in
quarterly revenue when it reports  results on October 23 for the
period ending September 30 2024
    * The Carlsbad California-based  company is expected to
report a
41.1% decrease in revenue to $79.869 million from $135.53
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.The company's guidance on July 24
2024, for the period ended September 30, was for revenue between
$70.00 million and $90.00 million.
    * ​LSEG's mean analyst estimate for Maxlinear Inc is for a
loss
of 32 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Maxlinear
Inc is
18.00​, above​ its last closing price of $14.15. ​​​

The company's guidance on July 24 2024 for the period ended
September 30 was for gross profit margin between USD57% and
USD60%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.20       -0.19      -0.25     Missed  -28.6
 Mar. 31 2024  -0.21       -0.22      -0.21     Beat    3.2
 Dec. 31 2023  0.01        0.01       0.01      Met     28.5​
 Sep. 30 2023  0.04                   0.02              -45.9
 ​​Jan.        0.33        0.33       0.34      Beat    1.8
 1 0001                                                 
 Mar. 31 2023  0.70        0.70       0.74      Beat    0.8​
 Dec. 31 2022  1.07        1.06       1.07      Beat    0.8
 Sep. 30 2022  1.04        1.04       1.05      Beat    1.3
 This summary was machine generated October 21 at 22:02 GMT.  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)