MACOM Technology Solutions (MTSI) Tops Q1 EPS by 4c; Offers 2Q EPS/Revenue Guidance Above Consensus
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MACOM Reports Fiscal First Quarter 2021 Financial Results
January 28, 2021 7:30 AM ESTLOWELL, 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 first quarter ended January 1, 2021.
First Quarter Fiscal Year 2021 GAAP Results
Revenue was $148.5 million, an increase of 24.7%, compared to $119.1 million in the previous year fiscal first quarter and an increase of 0.9% compared to $147.2 million in the prior fiscal quarter; Gross margin was 54.0%, compared to 48.9% in the previous year fiscal first quarter and 52.8% in the prior fiscal... More