MACOM Q2 FY2024 revenue $181.2M (+7% YoY) but GAAP EPS $0.20 vs $0.36; guides Q3 rev $187-193M

MACOM Technology Solutions Holdings, Inc.

2024-Q2 EPS reported $0.38 revenue$338,382,000

Revenue $181.2M (+7% YoY, +15.3% sequential); GAAP net income $15.0M ($0.20 diluted EPS).
GAAP gross margin 52.5% vs 60.6% YoY; adjusted gross margin 57.1% vs 62.1%.
Adjusted net income $43.2M ($0.59 diluted) vs $56.7M ($0.79) YoY.
Q3 FY2024 guidance: revenue $187-193M, adj. gross margin 56-58%, adj. EPS $0.63-0.69.
Management expects continued improvements in H2 fiscal year performance.

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 second quarter ended March 29, 2024 results: revenue $181.2 million, net income $15.0 million, EPS $0.20 per diluted share. Guidance reaffirmed.

Period: fiscal second quarter ended March 29, 2024
Revenue: $181.2 million
Net income: $15.0 million
EPS: $0.20 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

of semiconductor products, t oday announced its financial results for its fiscal second quarter ended March 29, 2024. Second Quarter Fiscal Year 2024 GAAP Results • Revenue was $181.2 million, an increase of 7.0%, compared to $169.4 million in the previous year fiscal second quarter and an increase of 15.3% compared to $157.1 million in the prior fiscal quarter; •

View on SEC.gov

379 earnings releases filed in the last 30 days. Browse all earnings releases →

MACOM Technology Solutions Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493594-24-000037

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.