MACOM Technology Solutions (MTSI) Reports In-Line Q4 EPS; Warns for Q1
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MACOM Reports Fiscal Fourth Quarter and Fiscal Year 2017 Financial Results
November 14, 2017 4:05 PM ESTLOWELL, Mass.--(BUSINESS WIRE)-- MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) (MACOM), a leading supplier of high-performance RF, microwave, millimeterwave and lightwave semiconductor products, today announced its financial results for its fiscal fourth quarter and fiscal year ended September 29, 2017.
Fiscal Year 2017 GAAP Results
Revenue was $698.8 million, an increase of 28.4%, compared to $544.3 million in fiscal year 2016; Gross profit was $326.9 million, an increase of 16.1%, compared to $281.6 million in fiscal year 2016; Fiscal year 2017 gross margin was 46.8%, compared to 51.7% in fiscal year 2016;... More