MaxLinear news

MaxLinear

MaxLinear has terminated an agreement to buy flash memory maker Silicon Motion for $3.8 billion.

MaxLinear

MaxLinear is buying flash memory maker Silicon Motion for $3.8 billion. Silicon Motion shareholders will receive $93.54 and 0.388 shares of MaxLinear common stock per share of their company. As a result, they will own 14% of the combined company. The deal is expected to close in the first half of 2023.

MaxLinear

Net income of MaxLinear under GAAP for the 3 months of 2022 was $33.586 million, up 8.8 times from $3.802 million in the previous year. Revenue increased 26.1% to $263.927 million from $209.359 million a year earlier.

MaxLinear

Net income of MaxLinear under GAAP for 2021 was $41.969 million, compared to a loss of $98.593 million in the previous year. Revenue increased 86.5% to $892.398 million from $478.596 million a year earlier.

MaxLinear

MaxLinear will change its listing from the NYSE to the Nasdaq. The company's shares will begin trading on the new exchange on December 13, 2021, under the same ticker symbol MXL.

MaxLinear

MaxLinear reported a GAAP net profit of $13.793 million for 9M 2021, compared to a loss of $73.921 million in the previous year. Revenue increased 2.3 times to $644.509 million from $283.88 million a year earlier.

MaxLinear

MaxLinear's GAAP net income for the six months of 2021 amounted to $4.535 million, compared to a loss of $37.276 million in the previous year. Revenue increased 3.3 times to $414.735 million from $127.247 million a year earlier.

MaxLinear

MaxLinear's GAAP net income for 3M 2021 was $3,802 mln, compared to a loss of $15,469 mln in the previous year. Revenue increased 3.4 times to $209.359 million from $62.027 million a year earlier.

MaxLinear

MaxLinear's GAAP loss for 2020 was $98.593 million, up five times from $19.898 million in the previous year. Revenue increased 50.9% to $478.596 million from $317.18 million a year earlier.

MaxLinear

MaxLinear's GAAP loss for 9 months of 2020 was $73.921 million, up 6.2 times from $11.794 million the previous year. Revenue increased 15% to $283.88 million, against $247.162 million a year earlier.