MACOM Technology Solutions (MTSI) Tops Q2 EPS by 2c; Guides Q3 In-Line

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MACOM Reports Fiscal Second Quarter 2022 Financial Results

April 28, 2022 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 second quarter ended April 1, 2022.

Second Quarter Fiscal Year 2022 GAAP Results

Revenue was $165.1 million, an increase of 9.7%, compared to $150.6 million in the previous year fiscal second quarter and an increase of 3.5% compared to $159.6 million in the prior fiscal quarter; Gross margin was 59.9%, compared to 55.9% in the previous year fiscal second quarter and 59.0% in the prior fiscal... More