MaxLinear, Inc (MXL) Q2 2025 Earnings Call

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WEBVTT 00:00:01.550 -- 00:00:06.615 Greetings, and welcome to the MaxLinear Q2 2025 Earnings Conference 00:00:06.615 -- 00:00:11.520 Call. At this time, all participants are in a listen-only mode. 00:00:11.520 -- 00:00:15.483 A question-and-answer session will follow the formal presentation. 00:00:15.483 -- 00:00:20.168 If anyone requires operator assistance, please press star zero on your telephone keypad. 00:00:20.168 -- 00:00:22.870 As a reminder, this conference is being recorded. 00:00:22.870 -- 00:00:26.754 It is now my pleasure to introduce Leslie Green, Investor Relations. 00:00:26.754 -- 00:00:29.837 Thank you, Leslie. You may begin. 00:00:29.837 -- 00:00:34.448 Thank you, Julian. Good afternoon, everyone, and thank you for joining us on today's 00:00:34.448 -- 00:00:39.533 conference call to discuss Max Lanier's second quarter 2025 financial results. 00:00:39.533 -- 00:00:44.739 Today's call is being hosted by Dr. Kishore Sindripu, CEO, and Steve Litchfield, 00:00:44.739 -- 00:00:48.323 Chief Financial Officer and Chief Corporate Strategy Officer. 00:00:48.323 -- 00:00:51.766 After our prepared comments, we will take questions. 00:00:51.766 -- 00:00:55.510 Our comments today include forward-looking statements within the meaning of applicable 00:00:55.510 -- 00:00:59.875 securities laws, including statements relating to our guidance for the third quarter 00:00:59.875 -- 00:01:04.981 of 2025. including revenue, GAAP and non-GAAP gross margin, GAAP and 00:01:04.981 -- 00:01:10.288 non-GAAP operating expenses, GAAP and non-GAAP interest and other expense, GAAP 00:01:10.288 -- 00:01:14.815 and non-GAAP income taxes, and GAAP and non-GAAP diluted share count. 00:01:14.815 -- 00:01:19.478 In addition, we will make forward looking statements relating to trends, opp...