MACOM Reports Fiscal First Quarter 2020 Financial Results
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MACOM Technology Solutions (MTSI) Tops Q1 EPS by 4c, Revenues Beat; Offers Q2 EPS/Revenue Guidance Above Consensus
January 28, 2020 4:06 PM ESTMACOM Technology Solutions (NASDAQ: MTSI) reported Q1 EPS of $0.07, $0.04 better than the analyst estimate of $0.03. Revenue for the quarter came in at $119.1 million versus the consensus estimate of $114.51 million.
First Quarter Fiscal Year 2020 GAAP Results
Revenue was $119.1 million, a decrease of 21.0% compared to $150.7 million in the previous year fiscal first quarter and an increase of 6.1% compared to $112.2 million in the prior fiscal quarter;Gross margin was 48.9%, compared to 50.8% in the previous year... More