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MaxLinear(MXL) - 2025 Q1 - Earnings Call Presentation
2025-04-24 02:42
Financial Performance (Q1'25) - Revenue was $95.9 million[5, 7, 8], a slight increase compared to $92.2 million in Q4'24 but similar to $95.3 million in Q1'24[7, 8] - GAAP gross margin was 56.1%[5, 7], while non-GAAP gross margin was 59.1%[5, 8] - GAAP operating margin was (48)%[5], and non-GAAP operating margin was (2)%[5] - GAAP diluted loss per share was $(0.58)[5, 7], and non-GAAP diluted loss per share was $(0.05)[5, 8] - Cash used in operations was $11.4 million[5] Balance Sheet (Q1'25) - Cash and cash equivalents and restricted cash totaled $102.8 million[9], a decrease from $119.6 million in Q4'24 and $192.9 million in Q1'24[9] - Total assets were $855.3 million[9], down from $864.6 million in Q4'24 and $1.0306 billion in Q1'24[9] - Total liabilities amounted to $362.1 million[9], compared to $348.4 million in Q4'24 and $392.6 million in Q1'24[9] Q2'25 Guidance - Revenue is expected to be between $95 million and $115 million[10] - GAAP gross margin is projected to be 54.5% to 57.5%[10], while non-GAAP gross margin is expected to be 57.5% to 60.5%[10] - GAAP operating expenses are estimated to be $92 million to $98 million[10], and non-GAAP operating expenses are projected to be $55 million to $61 million[10]