MaxLinear: Fourth Quarter Earnings Overview

MaxLinear Inc. Reports Fourth Quarter Financial Results

MaxLinear Inc., headquartered in Carlsbad, California, announced a net loss of $14.9 million for the fourth quarter.

The company reported a loss of 17 cents per share. However, after adjusting for one-time expenses and stock-based compensation, earnings reached 19 cents per share.

These adjusted earnings surpassed analysts' expectations, as a consensus of four analysts polled by Zacks Investment Research had predicted earnings of 18 cents per share.

MaxLinear's revenue for the quarter totaled $136.4 million, exceeding the $135 million forecasted by analysts surveyed by Zacks.

For the full fiscal year, MaxLinear recorded a net loss of $136.7 million, translating to a loss of $1.58 per share, with annual revenue amounting to $467.6 million.

Financial data for this article was provided by Zacks Investment Research and processed by Automated Insights.