MACOM Reports Fiscal First Quarter 2022 Financial Results

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MACOM Technology Solutions (MTSI) PT Lowered to $80 at Stifel

January 27, 2022 1:32 PM EST

Stifel analyst Tore Svanberg lowered the price target on MACOM Technology Solutions (NASDAQ: MTSI) to $80.00 (from $90.00) while maintaining a Buy rating following in-line results.

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MACOM Technology Solutions (MTSI) Tops Q1 EPS by 2c, Offers Guidance

January 27, 2022 7:34 AM EST

MACOM Technology Solutions (NASDAQ: MTSI) reported Q1 EPS of $0.64, $0.02 better than the analyst estimate of $0.62. Revenue for the quarter came in at $159.6 million versus the consensus estimate of $159.21 million.

GUIDANCE:

MACOM Technology Solutions sees Q2 2022 EPS of $0.64-$0.68, versus the... More