NYSE$MXL
MaxLinear Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Announced third quarter 2021 financial results with record net revenue and increased gross margin.
MaxLinear reported record net revenue of $229.8 million for Q3 2021, a 47% increase year-over-year, and a GAAP gross margin of 56.5%. The company's growth was driven by its broadband, connectivity, and industrial and multi-market segments. MaxLinear anticipates revenue between $240 million and $250 million in Q4 2021.
- Net revenue was $229.8 million, up 12% sequentially and 47% year-over-year.
- GAAP gross margin was 56.5%, up from 54.8% in the previous quarter and 42.3% in the year-ago quarter.
- GAAP diluted earnings per share was $0.12, compared to $0.01 in the prior quarter, and diluted loss per share of $0.50 in the year-ago quarter.
- Non-GAAP diluted earnings per share was $0.75, compared to $0.53 in the prior quarter, and $0.32 in the year-ago quarter.
Headline financials
Revenue & EPS history
MaxLinear · Revenue · Quarterly
$230M
Forward guidance
The company expects revenue in the fourth quarter 2021 to be approximately $240 million to $250 million.
Tailwinds
- GAAP gross margin of approximately 55.5% to 57.5%
- Non-GAAP gross margin of approximately 60.0% to 62.0%
- GAAP operating expenses of approximately $105.0 million to $109.0 million
- Non-GAAP operating expenses of approximately $73.0 million to $77.0 million
- GAAP interest and other expense of approximately $2.7 million to $2.8 million
Headwinds
- Non-GAAP interest and other expense of approximately $2.6 million to $2.7 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
-1.2%
Avg return
Earnings day
-1.1%
Avg return
5 days after
+2.2%
Avg return
30 days after
42%
27 / 65 earnings
Positive
+27.6%
Q3 2015
Best reaction
-40.3%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.1% | +97.1% | +189.5% | |
| Q4 2025 | -10.4% | -10.6% | -9.5% | |
| Q3 2025 | -10.7% | -13.2% | -22.4% | |
| Q2 2025 | -1.6% | -8.2% | +1.4% | |
| Q1 2025 | -12.4% | -8.7% | +5.1% | |
| Q3 2024 | +4.1% | +7.9% | +7.2% | |
| Q2 2024 | -40.3% | -41.4% | -45.7% | |
| Q1 2024 | -0.5% | +1.9% | -11.3% | |
| Q4 2023 | -13.9% | -17.2% | -5.6% | |
| Q3 2023 | -26.2% | -23.1% | -7.3% | |
| Q2 2023 | -33.7% | -27.4% | -35.2% | |
| Q1 2023 | -17.2% | -16.1% | +1.6% | |
| Q4 2022 | -0.1% | -5.7% | -15.1% | |
| Q3 2022 | -1.8% | +0.0% | +13.6% | |
| Q2 2022 | +1.5% | +3.9% | -0.5% | |
| Q1 2022 | +14.9% | +15.8% | -9.0% | |
| Q4 2021 | +0.2% | +0.4% | -6.9% | |
| Q3 2021 | +16.2% | +26.7% | +27.1% | |
| Q2 2021 | +16.4% | +17.2% | +28.2% | |
| Q1 2021 | -1.8% | -8.7% | -3.4% | |
| Q4 2020 | +0.2% | +1.7% | +3.9% | |
| Q3 2020 | -1.5% | -7.9% | +14.7% | |
| Q2 2020 | -1.3% | -6.2% | -4.5% | |
| Q1 2020 | +0.1% | -4.9% | +5.2% | |
| Q4 2019 | -4.3% | -3.9% | -25.2% | |
| Q3 2019 | -14.1% | -10.6% | -8.7% | |
| Q2 2019 | -10.8% | -14.2% | -24.8% | |
| Q1 2019 | -6.8% | -3.4% | -21.3% | |
| Q4 2018 | +11.1% | +10.1% | +23.1% | |
| Q3 2018 | +21.8% | +27.4% | +26.7% | |
| Q2 2018 | +2.1% | +6.3% | +6.8% | |
| Q1 2018 | -21.0% | -20.8% | -16.1% | |
| Q4 2017 | -8.0% | -9.3% | -1.5% | |
| Q3 2017 | +7.4% | +5.8% | +1.8% | |
| Q2 2017 | -8.2% | -12.1% | -9.9% | |
| Q1 2017 | +7.0% | +11.8% | +14.2% | |
| Q4 2016 | +0.6% | +1.2% | +0.0% | |
| Q3 2016 | +12.2% | +12.1% | +8.9% | |
| Q2 2016 | -19.7% | -16.2% | -9.5% | |
| Q1 2016 | +12.8% | — | — | |
| Q4 2015 | +5.3% | — | — | |
| Q3 2015 | +27.6% | — | — | |
| Q2 2015 | -6.8% | — | — | |
| Q1 2015 | +3.8% | — | — | |
| Q4 2014 | -2.4% | — | — | |
| Q3 2014 | +1.6% | — | — | |
| Q2 2014 | -11.3% | — | — | |
| Q1 2014 | +12.7% | — | — | |
| Q4 2013 | -3.4% | — | — | |
| Q3 2013 | -3.1% | — | — | |
| Q2 2013 | +15.6% | — | — | |
| Q1 2013 | +0.0% | — | — | |
| Q4 2012 | +17.6% | — | — | |
| Q3 2012 | -9.3% | — | — | |
| Q2 2012 | +24.1% | — | — | |
| Q1 2012 | +6.0% | — | — | |
| Q1 2011 | +6.0% | — | — | |
| Q2 2011 | -0.2% | — | — | |
| Q4 2011 | -0.2% | — | — | |
| Q4 2009 | -0.2% | — | — | |
| Q3 2010 | -3.4% | — | — | |
| Q3 2011 | -3.4% | — | — | |
| Q2 2010 | -4.6% | — | — | |
| Q4 2010 | -4.6% | — | — | |
| Q1 2010 | -9.3% | — | — |
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