Exceeding Revenue Guidance
MaxLinear reported Q1 2025 revenue of $95.9 million, surpassing the midpoint of their guidance. This represents growth from the previous quarter's $92.2 million.
Positive Non-GAAP Margins
The company achieved a non-GAAP gross margin of 59.1% in Q1 2025, indicating strong operational efficiency.
Infrastructure Revenue Growth
Infrastructure revenue for Q1 2025 was approximately $27 million, with expectations for growth across all end markets in Q2.
Significant Progress in Product Development
MaxLinear highlighted advancements in high-speed data center interconnects, PON, Wi-Fi, and Ethernet, with expectations for strong growth in 2025 and 2026.
Strong Product Traction in Optical DSP
The Keystone PAM4 DSP product showcased at the Optical Fiber Conference demonstrated a wide array of applications, with expectations for revenue growth in 2026.
Positive Cash Flow Outlook
The company expects to generate positive free cash flow in Q2 2025, marking a return to profitability.