MaxLinear, Inc. (NASDAQ:MXL) Q1 2022 Earnings Conference Call April 27, 2022 4:30 PM ET
Corporate Participants
Nicholas Aberle - Vice President-Finance and Investor Relations
Kishore Seendripu - Chief Executive Officer
Steve Litchfield - Chief Financial Officer and Chief Corporate Strategy Officer
Conference Call Participants
Jeremy Loiacono - Stifel
Alex Leszcz - William Blair
David Williams - The Benchmark Company
Suji DeSilva - ROTH Capital
Gary Mobley - Wells Fargo Securities
Sam Peterman - Craig-Hallum
Ananda Baruah - Loop Capital
Christopher Rolland – Susquehanna
Operator
Hello and welcome to the MaxLinear Inc., First Quarter 2022 Earnings Conference Call and Webcast. At this time all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder this conference is being recorded.
It is now my pleasure to turn the call over to Nick Aberle. Please go ahead.
Nicholas Aberle
Thank you, operator. Good afternoon, everyone, and thank you for joining us on today’s conference call to discuss MaxLinear’s first quarter 2022 financial results. Today’s call is being hosted by Dr. Kishore Seendripu, CEO; and Steve Litchfield, Chief Financial Officer and Chief Corporate Strategy Officer. After our prepared comments, we will take questions.
Our comments today include forward-looking statements within the meaning of applicable securities laws, including statements relating to our guidance for second quarter 2022 revenue, revenue growth expectations and our principal target markets, and GAAP and non-GAAP gross margin, operating expenses, effective tax rate and interest and other expense.
In addition, we will make forward-looking statements relating to trends, opportunities and uncertainties in various product and geographic markets, including, without limitation, statements concerning opportunities arising from our broadband, wireless, infrastructure and connectivity markets and opportunities for improved revenues across our target markets. These forward-looking statements involve substantial risks and uncertainties, including risks arising from competition, supply constraints facing the semiconductor industry, global trade and export restrictions, the impact of the COVID-19 pandemic, our dependence on the limited number of customers, average selling price trends and risks that our target markets and growth opportunities may not develop as we currently expect and then our assumptions concerning these opportunities may prove incorrect.
More information on these and other risks is outlined in our Risk Factors section of our recent SEC filings, including our Form 10-Q for the quarter ended March 31, 2022, which we filed today. Any forward-looking statements are made as of today and MaxLinear has no obligation to update or revise any forward-looking statements. The first quarter 2022 earnings release is available in the Investor Relations section of our website at maxlinear.com.