2023-08-03 07:42:32 ET
- MACOM Technology press release ( NASDAQ: MTSI ): Q3 Non-GAAP EPS of $0.54 in-line.
- Revenue of $148.5M (-13.8% Y/Y) beats by $1.14M .
- For the fiscal fourth quarter ending September 29, 2023, MACOM expects revenue to be in the range of $148 million to $152 million. Adjusted gross margin is expected to be between 59.0% and 61.0%, and adjusted earnings per diluted share is expected to be between $0.53 and $0.57 utilizing an anticipated non-GAAP income tax rate of 3% and 71.5 million fully diluted shares outstanding.
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MACOM Technology Non-GAAP EPS of $0.54 in-line, revenue of $148.5M beats by $1.14M