MACOM Reports Fiscal First Quarter 2021 Financial Results

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Go back to MACOM Reports Fiscal First Quarter 2021 Financial Results

MACOM Technology Solutions (MTSI) PT Raised to $65 at Needham & Company

January 28, 2021 4:35 PM EST

Needham & Company analyst Quinn Bolton raised the price target on MACOM Technology Solutions (NASDAQ: MTSI) to $65.00 (from $50.00) while maintaining a Buy rating.

The analyst comments "MACOM delivered solid F1Q21 results and strong F2Q21 guidance highlighted by continued margin... More

MACOM Technology Solutions (MTSI) Tops Q1 EPS by 4c; Offers 2Q EPS/Revenue Guidance Above Consensus

January 28, 2021 7:34 AM EST

MACOM Technology Solutions (NASDAQ: MTSI) reported Q1 EPS of $0.46, $0.04 better than the analyst estimate of $0.42. Revenue for the quarter came in at $148.5 million versus the consensus estimate of $148.02 million.

First Quarter Fiscal Year 2021 GAAP Results

Revenue was $148.5 million, an increase of 24.7%, compared to $119.1 million in the... More