MaxLinear, Inc (MXL) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.797 Greetings, and welcome to the next linear first quarter 2025 earnings call. 00:00:04.797 -- 00:00:07.681 At this time, all participants are in a listen-only mode. 00:00:07.681 -- 00:00:11.285 A question and answer session will follow the formal presentation. 00:00:11.285 -- 00:00:15.831 If anyone should require operator assistance, please press star zero on your telephone 00:00:15.831 -- 00:00:20.137 keypad. As a reminder, this conference is being recorded. 00:00:20.137 -- 00:00:23.601 It is now my pleasure to introduce Leslie Green of Investor Relations. 00:00:23.601 -- 00:00:25.799 Please go ahead. 00:00:25.799 -- 00:00:29.903 Thank you, Joe. Good afternoon, everyone, and thank you for joining us on today's conference 00:00:29.903 -- 00:00:34.768 call to discuss Max Lanier's first quarter 2025 financial results. 00:00:34.768 -- 00:00:40.053 Today's call is being hosted by Dr. Kishore Sindhiput, CEO, and Steve Litchfield, 00:00:40.053 -- 00:00:43.637 Chief Financial Officer and Chief Corporate Strategy Officer. 00:00:43.637 -- 00:00:46.840 After our prepared comments, we will take your questions. 00:00:46.840 -- 00:00:50.904 Our comments today include forward-looking statements within the meaning of applicable 00:00:50.904 -- 00:00:55.673 securities laws, including statements relating to our guidance for the second quarter 00:00:55.673 -- 00:01:00.700 of 2025, including revenue, GAAP and non-GAAP gross margin, GAAP 00:01:00.700 -- 00:01:05.967 and non-GAAP operating expenses, GAAP and non-GAAP interest and other expense, 00:01:05.967 -- 00:01:11.154 GAAP and non-GAAP income tax, and GAAP and non-GAAP diluted share count. 00:01:11.154 -- 00:01:16.021 In addition, we will make forward-looking statements relating to trends, opportuni...