MACOM Technology Solutions (MTSI) Reports In-Line Q4 EPS, Revenues Slightly Miss; Offers Q1 EPS/Revenue Outlook

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Go back to MACOM Technology Solutions (MTSI) Reports In-Line Q4 EPS, Revenues Slightly Miss; Offers Q1 EPS/Revenue Outlook

MACOM Reports Fiscal Fourth Quarter and Fiscal Year 2018 Financial Results

November 13, 2018 4:05 PM EST

LOWELL, 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 September28, 2018.

Fiscal Year 2018 GAAP Results

Revenue was $570.4 million, a decrease of 18.4%, compared to $698.8 million in fiscal year 2017; Gross profit was $245.7 million, a decrease of 24.8%, compared to $326.9 million in fiscal year 2017; Gross margin was 43.1%, compared to 46.8% in fiscal year 2017; Operating loss was... More