MaxLinear(MXL) - 2023 Q2 - Earnings Call Presentation

Q2 2023 Financial Performance - Revenue was $183.9 million[6,8,9] - GAAP gross margin was 55.9%[6,8,28] - Non-GAAP gross margin was 61.0%[6,9,28] - GAAP operating margin was (3.2)%[6,8,28] - Non-GAAP operating margin was 16.2%[6,9,28] - GAAP loss per share was $(0.05)[6,8] - Non-GAAP earnings per share was $0.34[6,9] - Cash generated from operations was approximately $31 million[6] Q2 2023 Business Highlights - Infrastructure revenue increased by 6% sequentially and 37% year-over-year[7] Q3 2023 Guidance - Revenue is expected to be between $125 million and $155 million[11] - GAAP gross margin is projected to be between 53.0% and 56.0%[11] - Non-GAAP gross margin is projected to be between 59.5% and 62.5%[11] - GAAP operating expenses are estimated to be between $104 million and $110 million[11] - Non-GAAP operating expenses are estimated to be between $75 million and $81 million[11]