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

MaxLinear

25/10/2022 23:06

* Maxlinear Inc  MXL.OQ  reported quarterly adjusted
earnings of
$1.05​​ per share for the quarter ended in September. The mean
expectation of eleven analysts for the quarter was for earnings
of $1.04 per share.
    * Revenue rose 24.4% to $285.73 million from a year ago;
analysts
expected $284.96 million. 
    * Maxlinear Inc's reported EPS for the quarter was 35
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.9%
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 fallen by 2.5% this quarter and
lost 57.8% so far this year.
    * The company reported quarterly net income of $28.41
million.
    * Wall Street's median 12-month price target for Maxlinear
Inc is
$51.50 
    * 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 October
25 at 10:06 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.04           1.05           Beat
 Jun. 30 2022      1.01           1.11           Beat
 Mar. 31 2022      0.91           1.00           Beat
 Dec. 31 2021      0.84           0.86           Beat