Andrew Linden
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MaxLinear: great results in line with expectations

MaxLinear provides highly integrated radio-frequency analog and mixed-signal semiconductor solutions for broadband communications applications. The company acquired Entropic last year and this acquisition worked out for MaxLinear very well.

Quarterly revenue rose 190% year over year, to $102.7 million, in line with MaxLinear's guidance provided in February, which called for revenue of $100 million to $105 million and based largely on MaxLinear's acquisition that I mentioned before just over a year ago.

Meanwhile, MaxLinear generated cash flow from operations of $39 million, up from $24.6 million last quarter and $3.8 million this time one year ago, and driven by the company's continued focus on supply chain optimization and expense management. On the bottom line, MaxLinear's adjusted net income came in at $30.9 million, or $0.47 per diluted share.

Moreover, the following news came out this morning:

Hitron Technologies Inc., the global leader in the design, manufacturing and distribution of innovative high-performance DOCSIS products for Multiple-System Operators worldwide, and MaxLinear, Inc., (NYSE: MXL), a leading provider of radio frequency (RF) and mixed-signal integrated circuits for cable and satellite broadband communications, the connected home, data center, metro, long-haul fiber networks, and wireless infrastructure, today announced the launch of CMS-02, an embedded spectrum analysis module, at INTX 2016. (Source: 12newsnow).

It looks like the company is on a right way of scaling their business and providing interesting returns for their investors.