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

MACOM Technology Solutions Holdings

29/04/2021 21:33

* MACOM Technology Solutions Holdings Inc  MTSI.OQ  reported
quarterly adjusted earnings of 51 cents​​ per share for the
quarter ended in March. The mean expectation of
fourteen analysts for the quarter was for earnings of 47 cents
per share.
* Revenue rose 19.1% to $150.58 million from a year ago​; 
analysts expected $150.07 million.
* MACOM Technology Solutions Holdings Inc's reported EPS for the
quarter was 21 cents​.
* The mean earnings estimate of analysts had risen by about 3%
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 6.2% this quarter and gained 12.0% so far this year.
* The company reported quarterly net income of $14.81 million.
* Wall Street's median 12-month price target for MACOM
Technology Solutions Holdings Inc is $70.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 9 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 29 at 08:33 p.m. GMT.
​All figures in US Dollars.​