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

MACOM Technology Solutions Holdings

04/05/2023 15:11

* MACOM Technology Solutions Holdings Inc  MTSI.OQ  reported
quarterly adjusted earnings of 79 cents​​ per share for the
quarter ended in March. The mean expectation of
thirteen analysts for the quarter was for earnings of 78 cents
per share.
    * Revenue rose 2.6% to $169.41 million from a year ago;
analysts
expected $168.00 million. 
    * MACOM Technology Solutions Holdings Inc's reported EPS for
the
quarter was 36 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.4%
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 fallen
by 19.5% this quarter and lost 9.4% so far this year.
    * The company reported quarterly net income of $25.76
million.
    * Wall Street's median 12-month price target for MACOM
Technology
Solutions Holdings Inc is $75.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 02:11 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.78           0.79           Beat
 Dec. 31 2022      0.78           0.81           Beat
 Sep. 30 2022      0.76           0.77           Beat
 Jun. 30 2022      0.70           0.73           Beat