MACOM Technology Solutions (MTSI) Reports In-Line Q1 EPS, Revenues Miss; Q2 EPS/Revenue Guidance Below Consensus
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MACOM Reports Fiscal First Quarter 2019 Financial Results
February 5, 2019 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 first quarter ended December28, 2018.
First Quarter Fiscal Year 2019 GAAP Results
Revenue was $150.7 million, an increase of 15.1% compared to $130.9 million in the previous year fiscal first quarter and a decrease of 0.3% compared to $151.2 million in the prior fiscal quarter; Gross profit was $76.6 million, an increase of 25.7% compared to $61.0 million in... More