Maxlinear Inc reports results for the quarter ended in June - Earnings Summary

MaxLinear

27/07/2022 22:43

* Maxlinear Inc  MXL.OQ  reported quarterly adjusted
earnings of
$1.11​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for earnings
of $1.01 per share.
    * Revenue rose 36.3% to $280.01 million from a year ago;
analysts
expected $279.76 million. 
    * Maxlinear Inc's reported EPS for the quarter was 40
cents​.
    * The mean earnings estimate of analysts had risen by
about 8.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Maxlinear Inc shares had risen by 14.0% this quarter and
lost 48.6% so far this year.
    * The company reported quarterly net income of $31.97
million.
    * Wall Street's median 12-month price target for Maxlinear
Inc is
$57.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 27
at 09:42 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.01           1.11           Beat
 Mar. 31 2022      0.91           1.00           Beat
 Dec. 31 2021      0.84           0.86           Beat
 Sep. 30 2021      0.67           0.75           Beat