MACOM Q4 revenue down 15.6% YoY to $150.4M; adj EPS $0.56 vs $0.77 last year

MACOM Technology Solutions Holdings, Inc.

2023-FY EPS reported $1.28 revenue$648,407,000

GAAP net income $24.5M ($0.34/diluted) vs $239.3M ($3.36) in prior-year Q4 which included a $202.8M tax benefit.
FY2023 revenue $648.4M, down 4.0% YoY; adjusted gross margin 61.3% vs 62.0%.
Adjusted Q4 operating margin 24.7% vs 32.0% a year ago; adjusted net income $40.1M ($0.56/diluted).
Q1 FY2024 guidance: revenue $149-153M; adj gross margin 59-61%; adj EPS $0.55-0.59.
CEO cites focus on highest frequency/power/data rate applications to strengthen position in FY2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

MACOM Technology Solutions Holdings, Inc. reported fiscal year ended September 29, 2023 results: revenue $648.4 million, net income $91.6 million, EPS $1.28 per diluted share.

Period: fiscal year ended September 29, 2023
Revenue: $648.4 million
Net income: $91.6 million
EPS: $1.28 per diluted share
Result: reported results

Exact text from the filing

Revenue was $648.4 million, a decrease of 4.0%, compared to $675.2 million in fiscal year 2022;

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

MACOM Technology Solutions Holdings, Inc. reported fiscal first quarter ending December 29, 2023 results: revenue $149 million to $153 million, EPS $0.55 to $0.59 per diluted share.

Period: fiscal first quarter ending December 29, 2023
Revenue: $149 million to $153 million
EPS: $0.55 to $0.59 per diluted share
Result: guidance update

Exact text from the filing

For the fiscal first quarter ending December 29, 2023, MACOM expects revenue to be in the range of $149 million to $153 million. Adjusted gross margin is expected to be between 59% and 61%, and adjusted earnings per diluted share is expected to be between $0.55 and $0.59

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

MACOM Technology Solutions Holdings, Inc. reported fiscal fourth quarter ended September 29, 2023 results: revenue $150.4 million, net income $24.5 million, EPS $0.34 per diluted share.

Period: fiscal fourth quarter ended September 29, 2023
Revenue: $150.4 million
Net income: $24.5 million
EPS: $0.34 per diluted share
Result: reported results

Exact text from the filing

Revenue was $150.4 million, a decrease of 15.6%, compared to $178.1 million in the previous year fiscal fourth quarter and an increase of 1.2% compared to $148.5 million in the prior fiscal quarter;

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

MACOM Technology Solutions Holdings, Inc. reported fiscal fourth quarter ended September 29, 2023 - Adjusted Non-GAAP results: revenue $150.4 million, net income $40.1 million, EPS $0.56 per diluted share.

Period: fiscal fourth quarter ended September 29, 2023 - Adjusted Non-GAAP
Revenue: $150.4 million
Net income: $40.1 million
EPS: $0.56 per diluted share
Result: reported results

Exact text from the filing

t oday announced its financial results for its fiscal fourth quarter and fiscal year ended September 29, 2023. Fourth Quarter Fiscal Year 2023 GAAP Results • Revenue was $150.4 million, a decrease of 15.6%, compared to $178.1 million in the previous year fiscal fourth quarter and an increase of 1.2% compared to $148.5 million in the prior fiscal quarter; •

View on SEC.gov

Browse all earnings releases →

MACOM Technology Solutions Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493594-23-000076

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.