MaxLinear sees Q3 revenue $115M-$135M, consensus $115.89M

The Company also estimates the following: GAAP gross margin of approximately 55.0% to 58.0%; Non-GAAP gross margin of approximately 57.5% to 60.5%; GAAP operating expenses of approximately $84 million to $90 million; Non-GAAP operating expenses of approximately $55 million to $61 million; GAAP and non-GAAP interest and other expense of approximately $3.5 million to $4.5 million, respectively; GAAP income tax benefit of $0.6 million and non-GAAP income tax provision of $1.3 million, respectively; and Basic and diluted share count of approximately 87.1 million and 87.5 million, respectively.