MaxLinear Beats Q1 Estimates with $0.22 EPS, Raises Q2 Guidance
MaxLinear posted a $45.1 million GAAP loss in Q1, with a per-share loss of $0.52. Adjusted EPS of $0.22 beat the $0.18 estimate and revenue of $137.2 million topped forecasts, while Q2 revenue guidance was raised to $160–170 million.
1. Q1 Earnings Performance
MaxLinear reported a GAAP net loss of $45.1 million, equating to a per-share loss of $0.52, driven largely by non-recurring costs and stock option expenses.
2. Adjusted Profit and Revenue Beat
Adjusted earnings per share were $0.22, surpassing the consensus of $0.18, while quarterly revenue reached $137.2 million, exceeding the $135 million analyst forecast.
3. Forward Guidance
For the quarter ending in June, the company forecasts revenue between $160 million and $170 million, signaling expectations for continued sequential growth.