M/A-Com Technology Solutions (MTSI) Tops Q2 EPS by 2c

M/A-Com Technology Solutions (NASDAQ: MTSI) reported Q2 EPS of $0.63, $0.02 better than the analyst estimate of $0.61. Revenue for the quarter came in at $186.08 million versus the consensus estimate of $182.67 million.

John Croteau, MACOM\'s President and Chief Executive Officer, stated, “We had yet another quarter of solid execution, achieving the top end of guidance for revenue and adjusted earnings per share. Aerospace & Defense and Multi-market were both up sequentially and year on year.

GUIDANCE:

M/A-Com Technology Solutions sees Q3 2017 EPS of $0.67-$0.70. M/A-Com Technology Solutions sees Q3 2017 revenue of $194-198 million.

Gross margin expected to be 58-61 percent in Q3 2017.

For earnings history and earnings-related data on M/A-Com Technology Solutions (MTSI) click here.

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