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MACOM Technology Solutions Fiscal Q1 Adjusted Earnings, Revenue Increase

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MACOM Technology Solutions Fiscal Q1 Adjusted Earnings, Revenue Increase

Feb 6, 2025 4:55 AM

07:32 AM EST, 02/06/2025 (MT Newswires) -- MACOM Technology Solutions Holdings ( MTSI ) reported fiscal Q1 adjusted earnings Thursday of $0.79 per diluted share, up from $0.58 a year earlier.

Analysts polled by FactSet expected $0.78.

Revenue for the quarter ended Jan. 3 was $218.1 million, compared with $157.1 million a year earlier.

Analysts polled by FactSet expected $214.9 million.

The company said it expects fiscal Q2 adjusted EPS of $0.82 to $0.86. Analysts polled by FactSet expect $0.83.

Revenue for the fiscal quarter is projected to be $227 million to $233 million. Analysts polled by FactSet expect $223.6 million.

MACOM Technology Solutions Holdings ( MTSI ) shares were up over 3% in recent premarket activity Thursday.

Price: 140.15, Change: +4.42, Percent Change: +3.26

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