MaxLinear (MXL) Reports Q1 Loss, Tops Revenue Estimates

MaxLinear (MXL) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of$ 0.20. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5%. A quarter ago, it was expected that this chipmaker would post earnings of$ 0.01 per share when it actually produced earnings of $0.01, delivering no surprise.Over the last four quarters, the company has surpassed consens ...