MACOM Reports Fiscal Third Quarter 2017 Financial Results

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M/A-COM Technology Solutions (MTSI) PT Lowered to $57 at Stifel Following 3Q

August 2, 2017 8:10 AM EDT

Stifel lowered its price target on M/A-COM Technology Solutions (NASDAQ: MTSI) to $57.00 (from $64.00) while maintaining a Buy rating. MACOM reported 3Q revenue and non-GAAP EPS roughly at the low end of its prior range, with revenue coming in at $194.6mn for the... More

MACOM Technology Solutions (MTSI) Misses Q3 EPS by 2c, Q4 Guidance Falls Short

August 1, 2017 4:36 PM EDT

MACOM Technology Solutions (NASDAQ: MTSI) reported Q3 EPS of $0.67, $0.02 worse than the analyst estimate of $0.69. Revenue for the quarter came in at $194.6 million versus the consensus estimate of $195.91 million.

GUIDANCE:

MACOM Technology Solutions sees Q4 2017 EPS of $0.45-$0.50, versus the... More