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0 0 0.0188279403374358 0.0351291873828348 0.00252669329203686 0.0595810579509333 0.0846849784008478 0.111622789143369
Stock impact report

MACOM Reports Fiscal Fourth Quarter and Fiscal Year 2024 Financial Results

MACOM Technology Solutions Holdings, Inc. (MTSI) 
Last macom technology solutions holdings, inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.macom.com
Company Research Source: Business Wire
LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI), a leading supplier of semiconductor products, today announced its financial results for its fiscal fourth quarter and fiscal year ended September 27, 2024.Fourth Quarter Fiscal Year 2024 GAAP ResultsRevenue was $200.7 million, an increase of 33.5%, compared to $150.4 million in the previous year fiscal fourth quarter and an increase of 5.4% compared to $190.5 million in the prior fiscal quarter;Gross margin was 54.7%, compared to 57.6% in the previous year fiscal fourth quarter and 53.2% in the prior fiscal quarter;Income from operations was $27.5 million, or 13.7% of revenue, compared to income from operations of $15.6 million, or 10.4% of revenue, in the previous year fiscal fourth quarter and income from operations of $19.7 million, or 10.4% of revenue, in the prior fiscal quarter; andNet income was $29.4 million, or $0.39 per diluted share, compared to net income of $24.5 millio Show less Read more
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