CARLSBAD, Calif. (AP) _ MaxLinear Inc. (MXL) on Wednesday reported second-quarter profit of $32 million.

The Carlsbad, California-based company said it had net income of 40 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.11 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.

The chipmaker posted revenue of $280 million in the period, which matched Street forecasts.

For the current quarter ending in October, MaxLinear said it expects revenue in the range of $280 million to $290 million.

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

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