MaxLinear's stock experienced a significant pre-market plunge of 17.96% on Friday, extending losses from the previous trading session. The sharp decline follows the company's fourth-quarter earnings release, which revealed a GAAP net loss that disappointed investors.
The RF and mixed-signal IC provider reported Q4 revenue of $136.44 million, representing 48% year-over-year growth and beating analyst estimates of $134.8 million. However, the company posted a GAAP net loss of $14.9 million for the quarter, which appears to have driven negative market sentiment despite the strong revenue performance.
MaxLinear also provided first-quarter 2026 revenue guidance in the range of $130 million to $140 million. Market reaction suggests ongoing investor concerns about profitability, with the stock's pre-market movement indicating continued pressure following Thursday's after-hours declines.