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

MACOM Technology Solutions Holdings

03/08/2023 16:04

* MACOM Technology Solutions Holdings Inc  MTSI.OQ  reported
quarterly adjusted earnings of 54 cents​​ per share for the
quarter ended in June. The mean expectation of thirteen analysts
for the quarter was for earnings of 54 cents per share.
    * Revenue fell 13.8% to $148.52 million from a year ago;
analysts
expected $147.67 million. 
    * MACOM Technology Solutions Holdings Inc's reported EPS for
the
quarter was 17 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * MACOM Technology Solutions Holdings Inc shares had risen
by 2.6%
this quarter and gained 6.8% so far this year.
    * The company reported quarterly net income of $11.85
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 6 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 03:03 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.54           0.54           Met
 Mar. 31 2023      0.78           0.79           Beat
 Dec. 31 2022      0.78           0.81           Beat
 Sep. 30 2022      0.76           0.77           Beat