Chipmaker MaxLinear Tops Wall Street's Targets But Stock Slides

Chipmaker MaxLinear (MXL) late Thursday beat consensus estimates for the second quarter and with its Q3 sales outlook. But MaxLinear stock fell in extended trading. The Carlsbad, Calif.-based company earned an adjusted 35 cents a share on sales of $168.8 million in the June quarter. Analysts surveyed by FactSet had expected MaxLinear earnings of 33 cents a share on sales…