CARLSBAD, Calif. (AP) — CARLSBAD, Calif. (AP) — MaxLinear Inc. (MXL) on Thursday reported third-quarter net income of $28.9 million.

The Carlsbad, California-based company said it had profit of 30 cents per share. Earnings, adjusted for one-time gains and costs, came to 62 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share.

The chipmaker posted revenue of $218.1 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $215 million.

For the current quarter ending in December, MaxLinear said it expects revenue in the range of $240 million to $260 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MXL at https://www.zacks.com/ap/MXL