Macom Tech Solutions Hldgs Inc Stock Price, News & Analysis

MACOM Technology Solutions Holdings, Inc. (MTSI) reported a solid fiscal Q3 2022, achieving $172.3 million in revenue, marking a 12.9% year-over-year increase. Gross margin improved to 60.7% from 57.2% last year, with operating income rising to $36.0 million, up from $23.7 million. Net income also grew significantly to $32.2 million, or $0.45 per diluted share. Looking ahead, MACOM estimates Q4 revenue between $175 million and $180 million, with adjusted EPS projected between $0.74 and $0.78.

MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) will announce its third-quarter fiscal results for 2022 on July 28, 2022, before the market opens. The results will be discussed in a conference call at 8:30 a.m. ET on the same day, hosted by CEO Stephen G. Daly and CFO John F. Kober. MACOM specializes in high-performance semiconductor products across various industries, serving over 6,000 customers globally.

MACOM Technology Solutions announced the launch of the MAPC-A1605, a 7.0 kilowatt power amplifier, expanding its product lineup for Aerospace and Defense applications. Operating between 960MHz and 1215MHz, it represents MACOM's highest power level RF amplifier. The MAPC-A1605 utilizes advanced GaN-on-Silicon Carbide technology for optimal thermal management. Two additional amplifiers, MAPC-A1603 and MAPC-A1604, were also introduced, with lower outputs of 3.3KW and 5.0KW, respectively. MACOM aims to meet customer demand for higher power transmission with these innovations.

MACOM Technology Solutions will showcase a variety of semiconductor products at the IEEE International Microwave Symposium (IMS) from June 21-23, 2022, in Denver, Colorado, at Booth #6050. The demonstrations will cover applications in Telecom, SATCOM, Aerospace and Defense, and more, including new RF and microwave amplifiers, BAW filters, and high-frequency switches. Customers can schedule live demos during the event, with insights from MACOM’s engineering teams.

MACOM Technology Solutions (NASDAQ: MTSI) and STMicroelectronics (NYSE: STM) announced the successful production of RF GaN-on-Silicon prototypes, meeting cost and performance targets. The collaboration aims to advance this technology for 5G and 6G infrastructure. With prototypes moving towards qualification and industrialization, both companies are optimistic about market opportunities, particularly in Wireless Infrastructure. This partnership emphasizes the potential of GaN-on-Si technology to challenge existing RF power technologies.

MACOM Technology Solutions Holdings, Inc. (MTSI) reported its fiscal second quarter 2022 results, showing a 9.7% revenue increase to $165.1 million year-over-year. Gross margin improved to 59.9%, while operating income rose to $32.6 million. Net income reached $29.6 million or $0.42 per diluted share, compared to $14.8 million and $0.21 last year. Adjusted metrics also showed growth, with adjusted net income at $48.4 million or $0.68 per diluted share. For Q3, MACOM forecasts revenue between $168 million and $172 million.

MACOM Technology Solutions has secured a contract with the U.S. Department of Defense to develop a cutting-edge 45-Kilowatt Radio Frequency transmitter. This contract highlights MACOM's innovative Gallium Nitride semiconductor and antenna beam-forming technology, aimed at enhancing high-power DOD programs. The company's proprietary MACOM PURE CARBIDE® GaN components underpin this initiative, showcasing its engineering prowess. MACOM provides high-performance semiconductor products across various industries, supporting over 6,000 customers globally.

MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) will announce its financial results for Q2 FY2022, ending April 1, 2022, before the market opens on April 28, 2022. A conference call, led by CEO Stephen G. Daly and CFO John F. Kober, is scheduled for 8:30 a.m. Eastern Time on the same day. Investors can access the call live or via replay for five business days. MACOM specializes in high-performance semiconductor products across multiple industries, serving over 6,000 customers globally. For more information, visit MACOM's Investor Relations.

MACOM Technology Solutions Inc. has launched new 128 GBaud Transimpedance Amplifiers (TIAs) and Modulator Drivers aimed at enhancing coherent optical networking applications. These products, suitable for long-haul, metropolitan, and Data Center Interconnect applications, are designed to support high data rates exceeding 800 Gbps. With features such as high bandwidth, low noise, and low power consumption, MACOM's devices are critical for Integrated Coherent Receivers and high-performance optical systems. The company invites customers to discuss these innovations at the Optical Fiber Communication Conference from March 8 to 10, 2022.