Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Alert Sent 2020-04-30 06:58:32 AM ET
 
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MACOM Technology Fiscal Q2 Adjusted Profit Rises, Revenue Slips YoY
2020-04-30 06:58:02 AM ET (MT Newswires)
   
   

06:58 AM EDT, 04/30/2020 (MT Newswires) -- MACOM Technology Solutions Holdings (MTSI), a maker of semiconductor components, reported Wednesday fiscal Q2 adjusted profit of $0.17 per share, compared with an adjusted loss of $0.18 per share in the prior-year period. The average Street estimate from analysts polled by Capital IQ was $0.10 per share.

Revenue for the quarter ended April 3 was $126.4 million, down from $128.5 million reported for the same period last year. The Street consensus was for revenue of $122.9 million.

For fiscal Q3, the company expects adjusted earnings of $0.19 to $0.23 per share and revenue to range from $129 million to $133 million. The Street consensus calls for EPS of $0.11 and revenue of $131.0 million.

Price: 28.89, Change: +2.26, Percent Change: +8.51

   
 
K=Thousands, M=Millions, B=Billions, TTM=Trailing 12 Month, MRQ=Most Recent Quarter, FYR=Fiscal Year End, NM=Not Meaningful, NA=Not Available
GAAP = Generally Accepted Accounting Principles used in Financial Statements issued by the company, Non-GAAP = Adjusted Operating Earnings or Revenue used in comparison to Analyst Estimates.Adjustments are typically one-time gains or losses.
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