secwatch.observer — SEC 8-K summary
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Issuer:     MACOM Technology Solutions Holdings, Inc. (MTSI)
CIK:        0001493594
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001493594-23-000076
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493594/000149359423000076/0001493594-23-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493594/000149359423000076/mtsi-20231109.htm
  HTML page:      https://secwatch.observer/filing/0001493594-23-000076

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