CARLSBAD, Calif. (AP) _ MaxLinear Inc. (MXL) on Wednesday reported a loss of $8.1 million in its fourth quarter.

On a per-share basis, the Carlsbad, California-based company said it had a loss of 11 cents. Earnings, adjusted for amortization costs and stock option expense, came to 16 cents per share.

The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 16 cents per share.

The chipmaker posted revenue of $70 million in the period, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $70.1 million.

For the year, the company reported that its loss narrowed to $19.9 million, or 28 cents per share. Revenue was reported as $317.2 million.

MaxLinear shares have fallen slightly more than 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $19.87, a rise of roughly 1% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MXL at https://www.zacks.com/ap/MXL

Automated Insights, source Associated Press News