M/A-Com Technology Solutions (MTSI) Reports In-Line Q3 EPS, Offers Q4 Guidance

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Go back to M/A-Com Technology Solutions (MTSI) Reports In-Line Q3 EPS, Offers Q4 Guidance

MACOM Reports Third Quarter 2016 Financial Results

July 26, 2016 4:05 PM EDT

LOWELL, Mass.--(BUSINESS WIRE)-- MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) (MACOM), a leading supplier of high-performance analog RF, microwave, millimeterwave and photonic semiconductor products, today announced its financial results for its fiscal third quarter ended July 1, 2016.

Third Quarter Fiscal Year 2016 GAAP Results

Revenue was $142.3 million, an increase of 6.5%, compared to $133.6 million in the prior fiscal quarter and an increase of 30.5% compared to $109.1 million in the previous year fiscal third quarter; Gross profit was $74.0 million, an increase of 12.9%, compared to $65.5... More