MACOM Technology Solutions (MTSI) Tops Q3 EPS by 3c
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MACOM Reports Fiscal Third Quarter 2022 Financial Results
July 28, 2022 7:30 AM EDTLOWELL, 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 1, 2022.
Third Quarter Fiscal Year 2022 GAAP Results
Revenue was $172.3 million, an increase of 12.9%, compared to $152.6 million in the previous year fiscal third quarter and an increase of 4.3% compared to $165.1 million in the prior fiscal quarter; Gross margin was 60.7%, compared to 57.2% in the previous year fiscal third quarter and 59.9% in the prior fiscal quarter; Operating income... More