MaxLinear (NASDAQ: MXL) shares surged 20.95% in after-hours trading following the release of its second-quarter 2025 financial results, which exceeded analyst expectations and signaled a return to profitability. The integrated circuits provider reported significant improvements in its financial performance, driven by strong growth in strategic markets and improved customer demand.
The company announced Q2 revenue of $108.813 million, representing an 18% increase year-over-year and surpassing the analyst consensus estimate of $104.9 million. MaxLinear also reported non-GAAP earnings per share of $0.02, meeting analyst expectations and marking a substantial improvement from the $0.25 loss per share in the same period last year. This return to non-GAAP profitability highlights the company's successful efforts in operational efficiency and market positioning.
CEO Kishore Seendripu attributed the strong performance to growth in high-speed interconnects and other strategic markets, improved customer order rates, and a strengthening product backlog. The positive momentum is expected to continue, with MaxLinear providing an optimistic outlook for the third quarter. The company projects Q3 2025 revenue between $115 million and $135 million, further boosting investor confidence in its growth trajectory. This combination of strong current results and positive future guidance has fueled the significant after-hours stock price increase.