MaxLinear, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 95.27 million compared to USD 248.44 million a year ago. Net loss was USD 72.31 million compared to net income of USD 9.53 million a year ago.

Basic loss per share from continuing operations was USD 0.88 compared to basic earnings per share from continuing operations of USD 0.12 a year ago. Diluted loss per share from continuing operations was USD 0.88 compared to diluted earnings per share from continuing operations of USD 0.12 a year ago.