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MaxLinear FY revenues more than double to USD 300 mln

Tuesday 9 February 2016 | 13:56 CET | News
MaxLinear reported annual revenues jumping 126 percent year-on-year to USD 300.4 million, pushed by the acquisition of Entropic in April as well as from organic initiatives in satellite pay TV and high-speed optical interconnect markets. The net loss for the year widened to USD 42.3 million or USD 0.79 per diluted share from a loss of 7.0 million or 0.19 per diluted shared. Fourth-quarter revenues were in line with expectations, up 4 sequentially and 205 percent to USD 98.9 million.

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Categories: Fixed
Companies: MaxLinear
Countries: World
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