MACOM Technology Solutions (MTSI) Misses Q2 EPS by 7c

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Go back to MACOM Technology Solutions (MTSI) Misses Q2 EPS by 7c

MACOM Reports Fiscal Second Quarter 2019 Financial Results

May 7, 2019 4:05 PM EDT

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 second quarter ended March29, 2019.

Second Quarter Fiscal Year 2019 GAAP Results

Revenue was $128.5 million, a decrease of 14.6% compared to $150.4 million in the previous year fiscal second quarter and a decrease of 14.7% compared to $150.7 million in the prior fiscal quarter; Gross profit was $57.3 million, a decrease of 12.6% compared to $65.6 million in... More