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MACOM Technology Solutions Holdings Inc - MTSI STOCK NEWS

Welcome to our dedicated news page for MACOM Technology Solutions Holdings (Ticker: MTSI), a resource for investors and traders seeking the latest updates and insights on MACOM Technology Solutions Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MACOM Technology Solutions Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MACOM Technology Solutions Holdings's position in the market.

Rhea-AI Summary
MACOM Technology Solutions Holdings, Inc. (Nasdaq: MTSI) is set to announce its financial results for the second quarter of fiscal year 2024 on May 2, 2024. The announcement will be accompanied by a conference call led by the President, CEO, and CFO. Interested parties can register for the call on MACOM's Investor Relations Website.
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MACOM Technology Solutions Inc. announced a switch-to-server interoperability demonstration of its 100G per lane components at the Optical Networking and Communications Conference 2024. The demonstration showcased MACOM's linear drive architecture, Broadcom's NIC, and switch chip, highlighting the benefits of lower power consumption, improved signal latency, and reduced cost in Cloud infrastructure. This technology aims to meet the increasing demand for linear pluggable optical modules with MACOM PURE DRIVE technology.
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MACOM Technology Solutions Inc. announces live demonstrations of its advanced semiconductor solutions at the Optical Fiber Communication Conference and Exposition. The company showcases innovations in optical communications, including 200G per lane technology and new product additions.
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MACOM Technology Solutions Inc. has received two supplier awards from Northrop Grumman for Outstanding Quality Excellence and Top Large Business awards. The recognition highlights MACOM's contribution to advancing national security solutions and achieving mission success.
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MACOM Technology Solutions Inc. (MTSI) will showcase its latest products for space and hi-reliability applications at SATELLITE 2024. The portfolio includes RF, microwave, millimeter wave, and optical products to support satellite communications. Demonstrations will feature V-Band Linearized GaN MMIC Solutions, SatCom RF and Microwave Components, and Free Space Optics.
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MACOM Technology Solutions Holdings, Inc. announced its financial results for the fiscal first quarter ended December 29, 2023. The company reported a decrease in revenue by 12.7% to $157.1 million compared to the previous year. Gross margin decreased to 55.6%, and income from operations was $11.0 million, a significant drop from the previous year. Net income also decreased to $12.5 million. However, adjusted non-GAAP results showed a slightly better performance with a 59.2% gross margin and adjusted net income of $41.8 million. The company expects revenue to be in the range of $178 million to $184 million for the fiscal second quarter ending March 29, 2024.
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MACOM Technology Solutions Inc. has expanded its MACOM PURE DRIVE™ portfolio with the addition of new dual-channel laser driver and transimpedance amplifier (TIA) products. These solutions offer an alternative to DSP-based architectures for pluggable optical modules, aiming to lower power consumption, improve signal latency, and reduce overall module manufacturing costs. The new products, MATA-39224 (2x100G TIA) and MALD-39225 (2x100G VCSEL Driver), join MACOM’s existing portfolio, providing a cost and power-optimized solution for DSFP/SFP-DD and SFP112 optical form factors targeting Ethernet, Fibre Channel, and InfiniBand applications. MACOM will feature these products at DesignCon 2024, including its family of 100 Gbps and 200 Gbps per lane linear equalizer ICs for 800 Gbps and 1.6 Tbps Active Copper Cable applications.
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MACOM Technology Solutions Holdings, Inc. (MTSI) is set to announce its financial results for the first quarter of fiscal year 2024 on February 1, 2024. The conference call will be hosted by the President, CEO, and CFO, and interested parties can register for a user-specific access code to join the live call or access the webcast. A replay of the call will also be available for 90 days.
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MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) has appointed Murugesan “Raj” Shanmugaraj as an independent director to its Board of Directors, effective January 4, 2024. Mr. Shanmugaraj brings extensive telecommunications experience and currently serves as the Senior Vice President and General Manager of the Coherent Products and Components Group at Cisco Systems, Inc. With a track record of successful leadership, including as President and Chief Executive Officer of Acacia Communications, Inc., Mr. Shanmugaraj's appointment is expected to bring valuable industry expertise to MACOM.
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Wolfspeed, Inc. (NYSE: WOLF) completed the sale of its radio frequency business to MACOM Technology Solutions Holdings, Inc. for approximately $75 million in cash and 711,528 shares of MACOM common stock. The sale marks the company's transformation into the only pure-play silicon carbide semiconductor manufacturer in the industry, allowing it to focus on innovation and capacity for its materials and power device businesses. Wolfspeed continues to drive the industry transition to silicon carbide with ongoing capacity expansion, including the final build-out of the Mohawk Valley Fab in New York and construction of the John Palmour Manufacturing Center in North Carolina.
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MACOM Technology Solutions Holdings Inc

Nasdaq:MTSI

MTSI Rankings

MTSI Stock Data

7.09B
56.88M
22.65%
81.8%
6%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States
Lowell

About MTSI

macom is a new breed of analog semiconductor company—one that delivers a unique combination of high growth, diversification and high profitability. we are enabling a better-connected and safer world by delivering breakthrough semiconductor technologies for optical, wireless and satellite networks that satisfy society’s insatiable demand for information. today, macom powers the infrastructure that millions of lives and livelihoods depend on every minute to communicate, transact business, travel, stay informed and be entertained. our technology increases the speed and coverage of the mobile internet and enables fiber optic networks to carry previously unimaginable volumes of traffic to businesses, homes and data centers. keeping us all safe, macom technology enables next-generation radars for air traffic control and weather forecasting, as well as mission success on the modern networked battlefield. macom is the partner of choice to the world’s leading communications infrastructure and a