secwatch.observer — SEC 8-K summary
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Issuer:     MACOM Technology Solutions Holdings, Inc. (MTSI)
CIK:        0001493594
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001493594-24-000037
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493594/000149359424000037/0001493594-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493594/000149359424000037/mtsi-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001493594-24-000037

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