Macom Technology Solutions Holdings Inc Reports Results For The Quarter Ended In June: Earnings Summary

MACOM Technology Solutions Holdings

28/07/2022 14:31

* MACOM Technology Solutions Holdings Inc  MTSI.OQ  reported
quarterly adjusted earnings of 73 cents​​ per share for the
quarter ended in June. The mean expectation of thirteen analysts
for the quarter was for earnings of 70 cents per share.
    * Revenue rose 12.9% to $172.26 million from a year ago;
analysts
expected $170.82 million. 
    * MACOM Technology Solutions Holdings Inc's reported EPS for
the
quarter was 45 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * MACOM Technology Solutions Holdings Inc shares had risen
by 18.4% this quarter and lost 30.3% so far this year.
    * The company reported quarterly net income of $32.23
million.
    * Wall Street's median 12-month price target for MACOM
Technology
Solutions Holdings Inc is $65.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 28
at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.70           0.73           Beat
 Mar. 31 2022      0.66           0.68           Beat
 Dec. 31 2021      0.62           0.64           Beat
 Sep. 30 2021      0.58           0.61           Beat