MACOM Reports Fiscal Third Quarter 2019 Financial Results
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MACOM Technology Solutions (MTSI) Reports In-Line Q3 EPS; Provides Q3 EPS Guidance Above Consensus
August 1, 2019 5:47 PM EDTMACOM Technology Solutions (NASDAQ: MTSI) reported Q3 EPS of ($0.42), in-line with the analyst estimate of ($0.42). Revenue for the quarter came in at $108.3 million versus the consensus estimate of $108.11 million.
Third Quarter Fiscal Year 2019 Adjusted Non-GAAP Results
Adjusted revenue was $108.3 million, a decrease of 25.3% compared to $144.9 million in the previous year fiscal third quarter and a decrease of 10.9% compared to $121.5 million in the prior fiscal quarter;Adjusted gross margin was 39.4%,... More