MaxLinear Inc. Revises Revenue Guidance for the Fourth Quarter Ended December 31, 2015; Provides Revenue Guidance for the First Quarter 2016
January 06, 2016 at 09:04 am EST
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MaxLinear Inc. revised revenue guidance for the fourth quarter ended December 31, 2015 and provided earnings guidance for the first quarter 2016. For the fourth quarter, the company currently anticipates revenue to be approximately $99 million, compared to prior guidance of between $95 million and $100 million. As it witnessed relative strength across its business toward the end of the fourth quarter 2015, the company announced a revised preliminary revenue outlook that is at the higher end of its prior guidance range.
For the first quarter, the company expects revenue to be flat to up 5%, or $99 million to $104 million.
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.