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AI brief of an SEC Form 8-K · MaxLinear (MXL)

MaxLinear Q2 revenue falls 50% to $92.0 million; GAAP loss $0.47 per share

Negative Impact 3 of 5 earnings Written later

MaxLinear reported unaudited second-quarter 2024 results, with net revenue of $92.0 million, down 3% sequentially and down 50% from the year-ago quarter. The GAAP net loss was $39.3 million, or $0.47 per diluted share, narrower than the prior quarter but far below the year-ago loss of $0.05 per share. The company guided third-quarter 2024 net revenue to $70 million to $90 million, which puts the midpoint below the second quarter's level.

Key points

  • Q2 2024 net revenue was $92.0 million, down 3% from Q1 2024 and down 50% from Q2 2023.
  • GAAP diluted loss per share was $0.47, versus $0.88 in Q1 2024 and $0.05 in Q2 2023.
  • Non-GAAP diluted loss per share was $0.25, versus $0.21 in Q1 2024.
  • Third-quarter 2024 net revenue is expected to be approximately $70 million to $90 million.

The filing

CompanyMaxLinear (MXL)
Form8-K, current report
Filed with the SECJul 24, 2024, 4:06 PM ET
Accession number0001288469-24-000111

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.