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

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MACOM Reports Fiscal First Quarter 2022 Financial Results

January 27, 2022 7:30 AM EST

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 first quarter ended December 31, 2021.

First Quarter Fiscal Year 2022 GAAP Results

Revenue was $159.6 million, an increase of 7.5%, compared to $148.5 million in the previous year fiscal first quarter and an increase of 2.8% compared to $155.2 million in the prior fiscal quarter; Gross margin was 59.0%, compared to 54.0% in the previous year fiscal first quarter and 58.1% in the prior fiscal... More