MaxLinear Expects Q3 Net Revenue To Be $125M-$155M, Estimate $184.47M
Portfolio Pulse from Benzinga Newsdesk
MaxLinear has projected its Q3 net revenue to be between $125M and $155M, which is significantly lower than the estimated $184.47M.
July 26, 2023 | 9:43 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
MaxLinear's lower than expected Q3 net revenue forecast could negatively impact its stock price.
MaxLinear's Q3 net revenue forecast is significantly lower than the estimated $184.47M. This could lead to a negative market reaction, potentially causing a drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100