secwatch.observer — SEC 8-K summary
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Issuer:     MACOM Technology Solutions Holdings, Inc. (MTSI)
CIK:        0001493594
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001493594-23-000055
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MACOM Q3 revenue $148.5M (-13.8% YoY); GAAP EPS $0.17, adjusted $0.54; Q4 guidance soft
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- Revenue $148.5M, down 13.8% YoY from $172.3M; GAAP net income $11.9M ($0.17 diluted EPS).
- Adjusted net income $38.5M ($0.54 diluted EPS), down from $52.1M ($0.73) in prior year Q3.
- Q4 revenue guidance $148-152M; adjusted EPS $0.53-0.57 with ~71.5M diluted shares.
- GAAP gross margin 58.0% vs 60.7% YoY; adjusted gross margin 60.1% vs 62.2% YoY.
- Management cites weak near-term markets but believes long-term growth drivers intact.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493594/000149359423000055/0001493594-23-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493594/000149359423000055/mtsi-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001493594-23-000055

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