MaxLinear, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 125.35 million compared to USD 290.59 million a year ago. Net loss was USD 38.5 million compared to net income of USD 31.08 million a year ago.

Basic loss per share from continuing operations was USD 0.47 compared to basic earnings per share from continuing operations of USD 0.4 a year ago. Diluted loss per share from continuing operations was USD 0.47 compared to diluted earnings per share from continuing operations of USD 0.38 a year ago.