Carlsbad chipmaker MaxLinear Inc. reported a net loss of $9.2 million on record quarterly revenue of $113.6 million. Helping MaxLinear achieve its third quarter revenue was its acquisition of Exar Corp. in May.
In the same quarter last year, MaxLinear (NYSE: MXL) reported net income of $9.7 million on revenue of $96.3 million.
MaxLinear produces radio-frequency, mixed-signal and high performance analog integrated circuits for the connected home, wired and wireless infrastructure, and industrial and multi-market applications.
Looking ahead, the company said it expects fourth-quarter revenue to be in the range of $112 million to $116 million.
The business released its financial results Nov. 7.