Co-Founder, Chairman, Chief Executive Officer & President, Maxlinear
Search every verified Kishore Seendripu interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. During MaxLinear's Q1 2021 earnings call, Kishore Seendripu reported record quarterly revenue of $209.4 million, up 8% sequentially, with non-GAAP gross margin of 58.6%. He stated that results were moderated by industry-wide semiconductor supply chain constraints, which he described as "across the board" and "more back-end constrained than front-end." Seendripu noted that the company had strong bookings driven by real, non-perishable demand and new product cycles, and expected connectivity business to recover in Q2 after supply constraints impacted Q1. Seendripu discussed progress on next-generation products, including a production-ready 8x8 massive MIMO cellular transceiver for 5G, for which he said the company was garnering design wins. He also mentioned progress toward mass production of a 400G PAM4 DSP in the second half of 2021 and plans to sample a new 5 nanometer 800G PAM4 product family in Q2. Seendripu expressed confidence in reaching 60% gross margins by year-end despite supply constraints, attributing this to product mix between infrastructure and non-infrastructure products. He reiterated the company's commitment to long-term investments in wireless infrastructure and optical markets.
“Our Q1 financial results highlight record quarterly revenue of 209.4 million dollars, up 8% sequentially, cash flow from operations of 40.3 million dollars, and non-GAAP gross margin of 58.6%. Our results and outlook are moderated by the industry-wide semiconductor manufacturing supply chain constraints, even as we are...”
“We remain consistent in our intentions around uses of cash with priorities on debt pay down and strategic acquisition. We also purchased 2.7 million of stock late in the quarter after the board approved the 100 million dollar buyback program.”
“Supply constraints are definitely across the board and all of our end markets across all of our products; some are worse than others. The MaxLinear case in particular is probably a little more back-end constrained than front-end constraint.”
“We have very strong bookings in place, and there are several factors that contribute to it, including supply constraints driving exceptional bookings and new product cycles ramping across connectivity and infrastructure. We do not believe our issues are related to overbooking of products; it is real demand that is most...”
MaxLinear, Inc. First Quarter Fiscal year 2021 earnings call Catch the latest earnings call by subscribing to this channel. #NYSE ...
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