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Dec 31, 2020
MaxLinear Q4 2020 Earnings Report
MaxLinear reported record revenue driven by Broadband and Wi-Fi product contributions.
Key Takeaways
MaxLinear announced record net revenue of $194.7 million for Q4 2020, a 24% increase sequentially and a 178% increase year-over-year. The company's performance was driven by continued strength from Broadband and Wi-Fi product contributions. GAAP diluted loss per share was $0.33, while non-GAAP diluted earnings per share was $0.39.
Record net revenue of $194.7 million, up 24% sequentially and up 178% year-on-year.
GAAP gross margin was 42.7%, compared to 42.3% in the prior quarter.
Non-GAAP diluted earnings per share was $0.39, compared to diluted earnings per share of $0.32 in the prior quarter.
Net cash flow provided by operating activities was $74.3 million.
MaxLinear
MaxLinear
Forward Guidance
The company expects revenue in the first quarter 2021 to be approximately $200 million to $210 million.