MaxLinear Inc.
MaxLinear Reports Fourth Quarter and Fiscal Year 2024 Financial Results
Summary
MaxLinear, Inc. reported a net revenue of $92.2 million for Q4 2024 with a GAAP gross margin of 55.6% and a non-GAAP gross margin of 59.1%. For the full fiscal year 2024, the company reported net revenue of $360.5 million, down 48.0% from the previous year, with GAAP and non-GAAP gross margins of 54.0% and 59.7% respectively. The company also provided its outlook for Q1 2025, expecting net revenue between $85 million and $105 million.
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About MaxLinear Inc.
MaxLinear Inc. is a leading provider of radio-frequency (RF), analog, digital, and mixed-signal semiconductor solutions for broadband communications and wireless infrastructure. The company's products enable the delivery of high-speed data and multimedia content in various applications, including broadband access, Wi-Fi, datacenter connectivity, and industrial IoT. MaxLinear's solutions are critical in optimizing signal transmission and reception, enhancing data throughput, and improving the connectivity of devices. Serving industries such as telecommunications, home networking, and automotive electronics, MaxLinear plays a significant role in powering the growing demand for faster, more reliable internet and communication services. Founded in 2003 and based in Carlsbad, California, the company is well-positioned in the semiconductor market, working to advance the technology that supports critical connectivity infrastructure globally. MaxLinear’s dedication to innovation drives progress in achieving greater efficiency and miniaturization in electronic components, reinforcing its relevance in the rapidly evolving technological landscape.
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