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MACOM Technology Solutions Holdings, Inc. - $MTSI STOCK NEWS

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.

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. (MTSI) announced its fiscal third quarter 2023 financial results, reporting a decrease in revenue to $148.5 million, a gross margin of 58.0%, and net income of $11.9 million. Adjusted results showed a gross margin of 60.1%, with adjusted net income of $38.5 million. The company expects revenue in the range of $148 million to $152 million for the fiscal fourth quarter ending September 29, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.14%
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News
Rhea-AI Summary
MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) pays off $121 million in outstanding term loans, reducing net interest costs by approximately $0.6 million per quarter.
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Rhea-AI Sentiment
End-of-Day
11.14%
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Rhea-AI Summary
MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) appoints Wayne Struble as Senior Vice President, Advanced Semiconductor Technology. Mr. Struble, an expert in RF, microwave, and millimeter wave IC design, brings 40 years of experience, 25 technical papers, and 50 patents to the role.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.2%
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management
Rhea-AI Summary
MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) will release its Q3 fiscal year 2023 financial results on August 3, 2023. The announcement will be followed by a conference call hosted by President and CEO Mr. Stephen G. Daly and CFO Mr. John F. Kober. Interested parties can register for a user-specific access code for the live call on MACOM's Investor Relations Website. A replay of the call will be available within 24 hours and remain accessible for approximately 90 days.
Rhea-AI Impact
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End-of-Day
-2.42%
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conferences earnings
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Rhea-AI Summary
MACOM Technology Solutions Inc. (MTSI) awarded $4.0M contract by US Air Force Research Lab to develop advanced GaN-on-SiC semiconductor process technology for MMIC products
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End-of-Day
0.72%
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Rhea-AI Summary
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-0.96%
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1.89%
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2.27%
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4.71%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.84%
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MACOM Technology Solutions Holdings, Inc.

Nasdaq:MTSI

MTSI Rankings

MTSI Stock Data

7.27B
56.88M
22.65%
81.8%
6%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
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