MaxLinear, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 27, 2022 at 04:11 pm EDT
Share
MaxLinear, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 280.01 million compared to USD 205.38 million a year ago. Net income was USD 31.97 million compared to USD 0.733 million a year ago. Basic earnings per share from continuing operations was USD 0.41 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.4 compared to USD 0.01 a year ago.
For the six months, sales was USD 543.94 million compared to USD 414.74 million a year ago. Net income was USD 65.55 million compared to USD 4.54 million a year ago. Basic earnings per share from continuing operations was USD 0.85 compared to USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.81 compared to USD 0.06 a year ago.
MaxLinear, Inc. is a provider of radio frequency (RF), analog, digital and mixed-signal integrated circuits for access and connectivity, wired and wireless infrastructure, and industrial and multi-market applications. It is engaged in providing communications systems-on-chip (SoC), solutions used in broadband, mobile and wireline infrastructure, data center, and industrial and multi-market applications. Its customers include electronics distributors, module makers, original equipment manufacturers, and original design manufacturers, who incorporate its products in a range of electronic devices, such as broadband modems compliant with data over cable service interface specifications, passive optical network, and digital subscriber line; Wi-Fi and wireline routers for home networking; radio transceivers and modems for 4G/5G base-station and backhaul infrastructure; optical transceivers targeting hyperscale data centers; as well as power management and interface products used in markets.
MAXLINEAR, INC. 
