Semiconductor firm MACOM Q3 revenue beats analyst estimates

MACOM Technology Solutions Holdings

07/08/2025 13:01

Overview

MACOM fiscal Q3 revenue grows 32.3% yr/yr, beating analyst expectations

Adjusted EPS for fiscal Q3 meets analyst estimates, reflecting stable performance

The supplier of semiconductor technologies for optical, wireless and satellite networks expects Q4 revenue of $256 mln-$264 mln

Outlook

MACOM expects Q4 revenue between $256 mln and $264 mln

Company anticipates Q4 adjusted EPS between $0.91 and $0.95

MACOM sees Q4 adjusted gross margin between 56% and 58%

Result Drivers

PRODUCT PORTFOLIO - CEO attributes revenue growth to competitive product portfolio and market momentum

GROSS MARGIN - Slight improvement in gross margin to 55.3% compared to previous year

OPERATIONAL EFFICIENCY - Increase in adjusted income from operations reflects improved operational efficiency

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$252.08 mln
$249.80 mln (14 Analysts)
Q3 Adjusted EPS
Meet
$0.9
$0.9 (14 Analysts)
Q3 Net Income
$36.53 mln
Q3 Gross Profit
$139.44 mln
Q3 Income From Operations
$37.66 mln
Q3 Pretax Profit
$44.08 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for MACOM Technology Solutions Holdings Inc is $150.00, about 7.3% above its August 6 closing price of $139.03

The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 27 three months ago

Press Release: ID:nGNX4lrMq7

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)