NEW YORK, Aug. 10, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into MaxLinear, Inc. (NASDAQ: MXL) for potential violations of the federal securities laws. If you invested in MaxLinear, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/maxlinear-inc. Why Did MaxLinear's Stock Drop? MaxLinear provides integrated radio-frequency analog and mixed-signal semiconductor products for broadband co ...

NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into MaxLinear, Inc. (NASDAQ: MXL) for potential violations of the federal securities laws. If you invested in MaxLinear, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/maxlinear-inc. Why Did MaxLinear's Stock Drop? MaxLinear provides integrated radio-frequency analog and mixed-signal semiconductor products for broadband co ...

NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against MaxLinear, Inc. (NASDAQ: MXL) and Domino's Pizza, Inc. (NSYE: DPZ). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided. MaxLinear, Inc. (NASDAQ: MXL) Following the close of the ...

MaxLinear provides integrated radio-frequency analog and mixed-signal semiconductor products for broadband communications applications. What Can You Do? Or contact: Ross Shikowitz ross@bfalaw.com 212-789-3619 https://www.bfalaw.com/cases-investigations/maxlinear-inc If you invested in MaxLinear, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/maxlinear-inc. The news caused a precipitous decline in the price of MaxLinear stock. The price of the comp ...

If you invested in MaxLinear, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/maxlinear-inc. After the market closed on July 24, 2024, MaxLinear announced earnings results for its second quarter of 2024 and that net revenue for the quarter was just $92 million, down 50% year-over-year. The company attributed the decline at least in part to prolonged burn-off of excess customer inventory leading to weakened demand. What Can You Do? https://www.bfala ...

Core Insights - MaxLinear, Inc. is under investigation for potential violations of federal securities laws, which has led to a significant decline in its stock price [2][6]. - The company reported a net revenue of $92 million for Q2 2024, representing a 50% decrease year-over-year, attributed to a prolonged burn-off of excess customer inventory and weakened demand [7]. Group 1: Company Overview - MaxLinear provides integrated radio-frequency analog and mixed-signal semiconductor products for broadband communications applications [3]. Group 2: Stock Performance - Following the announcement of its earnings results on July 24, 2024, MaxLinear's stock price closed at $22.29 per share, dropping from a pre-market trading price of $16.40, a decline of $5.89 per share or 26% [6].

Investment Rating - The report does not explicitly state an investment rating for the company Core Insights - The company has experienced a significant decline in revenue, with Q2 2024 revenue reported at $91.99 million, a decrease of 50% year-over-year and 3% quarter-over-quarter, primarily due to weak broadband demand and a sluggish telecom market [41][63] - The company expects Q3 2024 revenue to be between $70 million and $90 million, with a GAAP gross margin projected at approximately 52.5% to 55.5% [4][32][68] - The company has achieved continuous improvement in orders over the past four quarters, although the recovery has not yet reached expected levels [7] Revenue Breakdown - For Q2 2024, the revenue by segment was as follows: Broadband revenue was $21.83 million, Connectivity revenue was $13.26 million, Infrastructure revenue was $31.79 million, and Industrial and multi-market revenue was $25.11 million [41][66] - The revenue by region for Q2 2024 was: Asia $72.43 million (79%), Europe $11.38 million (12%), United States $7.15 million (9%), and Other regions $1.03 million (1%) [66][67] Future Outlook - The company anticipates that its optical interconnect business will exceed $30 million in revenue this year, driven by ongoing collaborations with major data center clients [71] - The company is optimistic about the demand for PON (Passive Optical Network) market in 2025, particularly with Tier 1 customers [75] - The company plans to reduce non-GAAP operating expenses by approximately 20% to 25% in FY2025 compared to FY2024 [53][105]

MaxLinear provides integrated radio-frequency analog and mixed-signal semiconductor products for broadband communications applications. After the market closed on July 24, 2024, MaxLinear announced earnings results for its second quarter of 2024 and that net revenue for the quarter was just $92 million, down 50% year-over-year. The company attributed the decline at least in part to prolonged burn-off of excess customer inventory leading to weakened demand. The news caused a precipitous decline in the price ...

NEW YORK, July 27, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into MaxLinear, Inc. (NASDAQ: MXL) for potential violations of the federal securities laws. Why Did MaxLinear's Stock Drop? The news caused a precipitous decline in the price of MaxLinear stock. The price of the company's stock closed at $22.29 per share on July 24, 2024. Prior to the market open on July 25, 2024, MaxLinear stock was trading in the range of $16.40 per share, a declin ...

NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against MaxLinear, Inc. ("MaxLinear" or the "Company") (NASDAQ: MXL) on behalf of MaxLinear stockholders. Our investigation concerns whether MaxLinear has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. Following the close of the financial markets on July 24, 2024, Max ...