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Why MaxLinear Stock Broke to New Highs Today


Shares of MaxLinear (NYSE: MXL) were up 17.5% as of 10:59 a.m. EDT on Thursday after strong earnings results in the third quarter. Revenue increased 47% year over year to $229 million, while adjusted earnings per share (EPS) more than doubled to $0.75 over the year-ago quarter.  

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Source Fool.com

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