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MaxLinear (NASDAQ:MXL) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS
['Patrick Bannon']
Daily Political
The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.01, FiscalAI reports.
1,961,995 shares of the company’s stock traded hands, compared to its average volume of 1,128,812.
Quarry LP now owns 2,187 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 2,030 shares during the last quarter.
US Bancorp DE now owns 6,230 shares of the semiconductor company’s stock valued at $100,000 after purchasing an additional 3,414 shares during the period.
This repurchase authorization allows the semiconductor company to reacquire up to 5.8% of its shares through open market purchases.