MACOM Technology surges after Q3 earnings beat

MACOM Technology Solutions Holdings

06/08/2026 13:13

** Shares of semiconductor supplier MACOM Technology Solutions MTSI.O rise 8.7% to $286.58 in premarket trading
** MTSI posts Q3 revenue of $342.2 million, vs. estimates of $335.4 million - data compiled by LSEG
** Posts quarterly adjusted EPS of $1.4, vs. estimates of $1.35
** Expects Q4 revenue between $415 mln and $425 mln
** Thirteen of 16 brokerages rate the stock "buy" or higher, three "hold"; their median PT is $390
** As of last close, MTSI up 53.8% YTD

(Reporting by Sudeshna Ghoshal in Bengaluru)
((Sudeshna.Ghoshal@thomsonreuters.com;))