M/A-Com Technology (MTSI) Tops Q3 EPS by 1c

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MACOM Reports Revenue $112.4 Million and EPS $0.33 (non-GAAP) for Fiscal Third Quarter; Revenue and EPS at the High End of Guidance

July 29, 2014 4:05 PM EDT

LOWELL, Mass., July 29, 2014 (GLOBE NEWSWIRE) -- M/A-COM Technology Solutions Holdings, Inc. (Nasdaq: MTSI) ("MACOM"), a leading supplier of high performance analog semiconductor solutions, today reported its financial results for its fiscal third quarter ended July 4, 2014.

Third Quarter Fiscal Year 2014 GAAP Results

Revenue was $112.4 million, compared to $107.8 million in the prior fiscal quarter and $83.5 million in the previous year's fiscal third quarter;   Gross margin was 44.7 percent, compared to 24.9 percent in the prior fiscal quarter and 42.5 percent in the previous year's fiscal third quarter;   Operating income was $7.3... More