secwatch.observer — SEC 8-K summary
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Issuer:     MACOM Technology Solutions Holdings, Inc. (MTSI)
CIK:        0001493594
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001493594-23-000043
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MACOM reports Q2 FY2023 revenue $169.4M (+2.6% YoY); guides Q3 revenue $145-150M
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- GAAP diluted EPS $0.36 vs $0.42 YoY; adjusted diluted EPS $0.79 vs $0.68 YoY.
- Adjusted gross margin 62.1% (vs 61.7% YoY); adjusted operating margin 33.4%.
- Q3 FY2023 guidance: revenue $145M-$150M, adjusted gross margin 59-61%, adjusted EPS $0.52-$0.56.
- CEO expects second half more challenging; pending OMMIC SAS acquisition excluded from guidance.
- Sequential revenue decline of 5.9% from Q1; GAAP operating income $35.9M (21.2% of rev).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493594/000149359423000043/0001493594-23-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493594/000149359423000043/mtsi-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001493594-23-000043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer