MACOM Reports Fiscal Third Quarter 2021 Financial Results

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Go back to MACOM Reports Fiscal Third Quarter 2021 Financial Results

MACOM Technology Solutions (MTSI) PT Raised to $72 at Needham & Company

July 30, 2021 6:42 AM EDT

Needham & Company analyst Quinn Bolton raised the price target on MACOM Technology Solutions (NASDAQ: MTSI) to $72.00 (from $70.00) while maintaining a Buy rating.

The analyst commented, "MACOM reported F3Q21 revenue in-line while GM exceeded expectations by ~130bps. Likewise, F4Q21 revenue guidance... More

MACOM Technology Solutions (MTSI) Tops Q3 EPS by 4c

July 29, 2021 7:37 AM EDT

MACOM Technology Solutions (NASDAQ: MTSI) reported Q3 EPS of $0.57, $0.04 better than the analyst estimate of $0.53. Revenue for the quarter came in at $152.6 million versus the consensus estimate of $152.1 million.

GUIDANCE:

MACOM Technology Solutions sees Q4 2021 EPS of $0.56-$0.60, versus the... More