MACOM Q1 revenue $157.1M (-12.7% YoY), adj. EPS $0.58; guides Q2 rev $178-$184M

MACOM Technology Solutions Holdings, Inc.

2024-Q1 EPS reported $0.17 revenue$157,148,000

GAAP net income $12.5M ($0.17/diluted), down from $29.5M ($0.41) a year ago.
Adjusted gross margin 59.2% vs 62.6% YoY; operating margin 24.5% vs 32.7% YoY.
Q2 FY2024 guidance: rev $178M-$184M, adj. gross margin 56%-58%, adj. EPS $0.56-$0.62.
CEO cites solid start and new growth opportunities in Industrial/Defense, Telecom, Data Center.

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 0.95

MACOM Technology Solutions Holdings, Inc. reported fiscal first quarter ended December 29, 2023 results: revenue $157.1 million, net income $12.5 million, EPS $0.17 per diluted share. Guidance initiated.

Period: fiscal first quarter ended December 29, 2023
Revenue: $157.1 million
Net income: $12.5 million
EPS: $0.17 per diluted share
Guidance: initiated
Result: reported results

Exact text from the filing

of semiconductor products, t oday announced its financial results for its fiscal first quarter ended December 29, 2023. First Quarter Fiscal Year 2024 GAAP Results • Revenue was $157.1 million, a decrease of 12.7%, compared to $180.1 million in the previous year fiscal first quarter and an increase of 4.5% compared to $150.4 million in the prior fiscal quarter; • Gross

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MACOM Technology Solutions Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493594-24-000024

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