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

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

MACOM Reports Fiscal Third Quarter 2021 Financial Results

July 29, 2021 7:30 AM 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 third quarter ended July 2, 2021.

Third Quarter Fiscal Year 2021 GAAP Results

Revenue was $152.6 million, an increase of 11.2%, compared to $137.3 million in the previous year fiscal third quarter and an increase of 1.4% compared to $150.6 million in the prior fiscal quarter; Gross margin was 57.2%, compared to 51.6% in the previous year fiscal third quarter and 55.9% in the prior fiscal quarter; Operating... More