MACOM Technology Solutions (MTSI) Tops Q2 EPS by 7c, Offers Q3 Guidance

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Go back to MACOM Technology Solutions (MTSI) Tops Q2 EPS by 7c, Offers Q3 Guidance

MACOM Reports Fiscal Second Quarter 2020 Financial Results

April 29, 2020 4:05 PM EDT

LOWELL, Mass.--(BUSINESS WIRE)-- MACOM Technology Solutions Holdings, Inc. (MACOM) (NASDAQ: MTSI), a leading supplier of semiconductor products, today announced its financial results for its fiscal second quarter ended April 3, 2020.

Second Quarter Fiscal Year 2020 GAAP Results

Revenue was $126.4 million, a decrease of 1.6% compared to $128.5 million in the previous year fiscal second quarter and an increase of 6.2% compared to $119.1 million in the prior fiscal quarter; Gross margin was 50.1%, compared to 44.6% in the previous year fiscal second quarter and 48.9% in the prior fiscal... More