US55405Y1001 - Common Stock
MACOM TECHNOLOGY SOLUTIONS H
NASDAQ:MTSI (11/14/2024, 8:00:00 PM)
After market: 126.76 0 (0%)126.76
-1.95 (-1.52%)
MACOM Technology Solutions Holdings, Inc. engages in designing, developing, manufacturing, and marketing semiconductors and modules. The company is headquartered in Lowell, Massachusetts and currently employs 1,500 full-time employees. The company went IPO on 2012-03-15. The firm is specialized in application, analog and mixed signal circuit design, compound semiconductor fabrication (including gallium arsenide (GaAs), gallium nitride (GaN), indium phosphide (InP) and specialized silicon), packaging and back-end assembly and test. The company manufactures compound semiconductors, including GaAs, GaN and InP. The company offers a product portfolio that incorporates radio frequency (RF), microwave, analog and mixed signal and optical semiconductor technologies. The firm's products are electronic components that its customers generally incorporate into electronic systems, such as wireless base stations, optical networks, data center networks, radar, medical systems and test and measurement applications. The company operates facilities across the United States, Europe, Asia.
MACOM TECHNOLOGY SOLUTIONS H
100 Chelmsford St
Lowell MASSACHUSETTS 01851
P: 19786562500
CEO: Stephen G. Daly
Employees: 1500
Website: https://www.macom.com/
A Fed rate cut and a slew of big earnings reports filled out a busy week.
Macom Technology has joined the ranks of chipmakers that have gotten a lift from sales to AI data centers. MTSI stock surged this week.
Network chips maker MACOM Technology Solutions (NASDAQ: MTSI) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 33.5% year on year to $200.7 million. The company expects next quarter’s revenue to be around $215 million, coming in 5.1% above analysts’ estimates. Its non-GAAP profit of $0.73 per share was also in line with analysts’ consensus estimates.
Network chips maker MACOM Technology Solutions (NASDAQ: MTSI) will be reporting results tomorrow before the bell. Here’s what to look for.
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