MACOM Technology Q2 revenue rises 22.5% beats estimates

MACOM Technology Solutions Holdings

07/05/2026 12:46

Overview

US semiconductor supplier's fiscal Q2 revenue rose 22.5% yr/yr, beating analyst expectations

Adjusted EPS for fiscal Q2 beat analyst expectations

Company expects strong revenue growth and profitability in fiscal second half

Outlook

MACOM expects fiscal Q3 revenue between $331 mln and $339 mln

Company sees adjusted gross margin in Q3 between 59.0% and 60.0%

MACOM expects Q3 adjusted EPS between $1.31 and $1.37

Result Drivers

MARGIN IMPROVEMENT - Co reported higher gross and operating margins compared to prior year and prior quarter

BUSINESS MOMENTUM - Co said it was pleased with first half results and expects strong revenue growth and profitability in the second half, per CEO Stephen G. Daly

Company press release: ID:nGNX3FMbM8

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$288.96 mln
$285.34 mln (14 Analysts)
Q2 Adjusted EPS
Beat
$1.09
$1.07 (14 Analysts)
Q2 Net Income
$46.33 mln
Q2 Gross Profit
$164.43 mln
Q2 Income From Operations
$50.83 mln
Q2 Pretax Profit
$56.92 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for MACOM Technology Solutions Holdings Inc is $280.00, about 9.6% below its May 6 closing price of $309.81

The stock recently traded at 60 times the next 12-month earnings vs. a P/E of 48 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)