MTSI

MACOM Technology Solutions Holdings Inc. Announces Climb In Q1 Bottom Line

(RTTNews) - MACOM Technology Solutions Holdings Inc. (MTSI) revealed a profit for its first quarter that Increases, from last year

The company's bottom line totaled $48.76 million, or $0.64 per share. This compares with $45.12 million, or $0.59 per share, last year.

Excluding items, MACOM Technology Solutions Holdings Inc. reported adjusted earnings of $78.22 million or $1.02 per share for the period.

The company's revenue for the period rose 4.0% to $271.61 million from $261.17 million last year.

MACOM Technology Solutions Holdings Inc. earnings at a glance (GAAP) :

-Earnings: $48.76 Mln. vs. $45.12 Mln. last year. -EPS: $0.64 vs. $0.59 last year. -Revenue: $271.61 Mln vs. $261.17 Mln last year.

-Guidance: Next quarter EPS guidance: $ 1.05 To $ 1.09 Next quarter revenue guidance: $ 281 M To $ 289 M

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.