MaxLinear(MXL) - 2024 Q1 - Quarterly Results
MXLMaxLinear(MXL)2024-04-25 04:06

Exhibit 99.1 FOR IMMEDIATE RELEASE MaxLinear, Inc. Announces First Quarter 2024 Financial Results • Net revenue of 95.3millioninQ1,GAAPgrossmarginof51.795.3 million in Q1, GAAP gross margin of 51.7% and non-GAAP gross margin of 60.6% Carlsbad, Calif. – April 24, 2024 – MaxLinear, Inc. (Nasdaq: MXL), a leading provider of radio frequency (RF), analog, digital and mixed-signal integrated circuits, today announced financial results for the first quarter ended March 31, 2024. First Quarter Financial Highlights GAAP basis: • Net revenue was 95.3 ...