MACOM Reports Fiscal First Quarter 2019 Financial Results
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MACOM Technology Solutions (MTSI) Reports In-Line Q1 EPS, Revenues Miss; Q2 EPS/Revenue Guidance Below Consensus
February 5, 2019 4:33 PM ESTMACOM Technology Solutions (NASDAQ: MTSI) reported Q1 EPS of $0.20, in-line with the analyst estimate of $0.20. Revenue for the quarter came in at $150.7 million versus the consensus estimate of $153.28 million.
Adjusted gross margin was 56.3%, compared to 53.7% in the previous year fiscal first quarter and 54.8% in the prior fiscal quarter;Adjusted operating income was $21.9 million, or 14.5% of revenue, compared to $13.4 million, or 10.3% of revenue, in the previous year... More