Benzinga | Jul 23, 2020 04:07PM EDT

MaxLinear Q2 Adj. EPS $0.09 Beats $0.08 Estimate, Sales $65.20M Beat $64.42M Estimate

MaxLinear (NYSE:MXL) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $0.08 by 12.5 percent. This is a 59.09 percent decrease over earnings of $0.22 per share from the same period last year. The company reported quarterly sales of $65.20 million which beat the analyst consensus estimate of $64.42 million by 1.21 percent. This is a 20.98 percent decrease over sales of $82.51 million the same period last year.