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MaxLinear trims Q1 revenue guidance

MaxLinear now expects preliminary total revenue of approximately $61.75 million to $62.25 million in Q1 2020. This compares with revenue guidance provided on February 5, 2020 in the range of $65 million to $70 million. The company cited industrywide dynamics related to the novel coronavirus (COVID-19), including supply constraints early in the quarter, and certain customer push-out requests.

http://www.maxlinear.com

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