Previous Close | 99.12 |
Open | 100.28 |
Bid | 98.93 x 100 |
Ask | 99.13 x 100 |
Day's Range | 95.36 - 100.75 |
52 Week Range | 48.53 - 104.90 |
Volume | |
Avg. Volume | 538,095 |
Market Cap | 7.133B |
Beta (5Y Monthly) | 1.68 |
PE Ratio (TTM) | 95.17 |
EPS (TTM) | 1.04 |
Earnings Date | May 02, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 100.00 |
Company Meets Quarterly Earnings Estimates and Provides Optimistic Future Outlook
Network chips maker MACOM Technology Solutions (NASDAQ: MTSI) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 7% year on year to $181.2 million. The company expects next quarter's revenue to be around $190 million, slightly above analysts' estimates. It made a non-GAAP profit of $0.59 per share, down from its profit of $0.79 per share in the same quarter last year.
LOWELL, Mass., May 02, 2024--MACOM Technology Solutions Holdings, Inc. ("MACOM") (Nasdaq: MTSI), a leading supplier of semiconductor products, today announced its financial results for its fiscal second quarter ended March 29, 2024.