M/A-Com Technology Solutions (MTSI) Misses Q4 EPS by 2c, Offers Q1 Outlook
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MACOM Reports Fourth Quarter and Fiscal Year 2016 Financial Results
November 15, 2016 4:05 PM ESTLOWELL, 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 fourth quarter and fiscal year ended September 30, 2016.
Fiscal Year 2016 GAAP Results
Revenue was $544.3 million, an increase of 29.4%, compared to $420.6 million in fiscal year 2015; Gross profit was $281.6 million, an increase of 38.3%, compared to $203.6 million in fiscal 2015; Fiscal year 2016 gross margin was 51.7%, compared to 48.4% in fiscal year 2015; Operating... More