Welcome to our dedicated page for MACOM Technology Solutions Holdings news (Ticker: $MTSI), a resource for investors and traders seeking the latest updates and insights on MACOM Technology Solutions Holdings stock.
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MACOM Technology Solutions Holdings, Inc. reported an increase in revenue to $181.2 million for the fiscal second quarter of 2024, with a gross margin of 52.5%. Net income was $15.0 million, or $0.20 per diluted share. Adjusted non-GAAP results showed a gross margin of 57.1% and adjusted net income of $43.2 million, or $0.59 per diluted share. The company expects revenue between $187 million to $193 million for the fiscal third quarter of 2024.