08:25 AM EST, 11/07/2024 (MT Newswires) -- MACOM Technology Solutions ( MTSI ) reported fiscal Q4 adjusted net income Thursday of $0.73 per diluted share, up from $0.56 a year earlier.

Analysts polled by Capital IQ expected $0.73.

Revenue for the quarter ended Sept. 27 was $200.7 million, up from $150.4 million a year earlier.

Analysts surveyed by Capital IQ expected $200.5 million.

For fiscal Q1, the chipmaker said it expects adjusted earnings of $0.75 to $0.81 per diluted share on revenue of $212 million to $218 million. Analysts polled by Capital IQ expect $0.75 on revenue of $204.6 million.

MACOM shares were more than 6% higher in premarket trading.

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