MACOM Technology Solutions Holdings Company Profile (NASDAQ:MTSI)

MACOM Technology Solutions Holdings trades on the NASDAQ under the ticker symbol "MTSI."

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) released its quarterly earnings data on Tuesday, August, 1st. The company reported $0.67 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.68 by $0.01. The company had revenue of $194.56 million for the quarter, compared to analyst estimates of $194.93 million. MACOM Technology Solutions Holdings had a positive return on equity of 17.21% and a negative net margin of 22.43%. The business's quarterly revenue was up 36.7% on a year-over-year basis. During the same period last year, the firm posted $0.51 EPS. View MACOM Technology Solutions Holdings' Earnings History.

MACOM Technology Solutions Holdings is scheduled to release their next quarterly earnings announcement on Tuesday, November, 14th 2017. View Earnings Estimates for MACOM Technology Solutions Holdings.

MACOM Technology Solutions Holdings updated its fourth quarter earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of $0.45-0.50 for the period, compared to the Thomson Reuters consensus estimate of $0.75. The company issued revenue guidance of $165-174 million, compared to the consensus revenue estimate of $207.15 million.

7 analysts have issued 1 year target prices for MACOM Technology Solutions Holdings' shares. Their predictions range from $43.00 to $63.00. On average, they anticipate MACOM Technology Solutions Holdings' stock price to reach $51.83 in the next twelve months. View Analyst Ratings for MACOM Technology Solutions Holdings.

Here are some recent quotes from research analysts about MACOM Technology Solutions Holdings stock:

• 1. Needham & Company LLC analysts commented, "MTSI shares traded down 12% yesterday on a competitor’s downgrade. Having reviewed the points raised in the downgrade, we see many common themes that have been key tenants of the bear case on MACOM for the past several quarters but we don’t see a lot of new news. The bear themes include weakness in China telecom spending, questions around the prices paid for and accretion from recent acquisitions, a lack of consistent strong cash flow and timing uncertainty around the ramp of 100G single-lambda PAM4 solutions. While our competitor redeuced December quarter estimates to be flat Q/Q (in-line with Street), we agree the consensus CY18 revenue ramp now looks aggressive. Accordingly, we are reducing our CY18 estimates." (10/17/2017)
• 2. According to Zacks Investment Research, "M/A-COM Technology Solutions Holdings, Inc. provides analog semiconductor solutions for use in wireless and wireline applications across the RF, microwave and millimeterwave spectrum. The Company's primary markets are Networks which includes CATV, cellular backhaul, cellular infrastructure and fiber optic applications, A&D and Multi-market, which includes automotive, industrial, medical, mobile and scientific applications. It's product lines include active splitter, amplifier, attenuator, automotive module, capacitor, component, coupler, diode, down converter IC, filter, frequency multiplier, hybrid voltage controlled oscillator, integrated receiver IC, modulator/demodulator, optical modulator driver, phase shifter, power combiner, power detector, power divider, power hybrid pallet, power hybrid transistor, switch, synthesizer, transceiver, transformer, upconverter IC and voltage controlled oscillator. M/A-COM Technology Solutions Holdings, Inc. and is headquartered in Lowell, Massachusetts. " (10/4/2017)
• 3. Jefferies Group LLC analysts commented, "MTSI's results were in line on revs but above on EPS due to lower opex. Its MarQ outlook includes a partial quarter of recently acquired AMCC, muddling the comparison to consensus. We view the outlook as conservative given the caution management takes with new acquisitions. MTSI continues to have high visibility in A&D growth from MMICs, and we think its secular opportunities (100G, GaN, SPAR) remain intact. MTSI remains a top small-cap pick." (2/1/2017)

Some companies that are related to MACOM Technology Solutions Holdings include Entegris (ENTG), Amkor Technology (AMKR), Brooks Automation (BRKS), Kulicke and Soffa Industries (KLIC), FormFactor (FORM), Ultra Clean Holdings (UCTT), Axcelis Technologies (ACLS), Chipmos Technologies (IMOS), Nanometrics Incorporated (NANO), Cohu (COHU), Photronics (PLAB), Xcerra Corporation (XCRA), PDF Solutions (PDFS), Camtek (CAMT), Mattson Technology (MTSN) and Ultratech (UTEK).

MACOM Technology Solutions Holdings' management team includes the folowing people:

• John L. Ocampo, Chairman of the Board
• John R. Croteau, President, Chief Executive Officer, Director
• Robert J. McMullan, Chief Financial Officer, Senior Vice President
• John Kennedy, Senior Vice President and General Manager-Aerospace & Defense
• Michael T. Murphy, Senior Vice President and General Manager, RF & Microwave
• Preetinder S. Virk, Senior Vice President and General Manager, Networks
• Alex Behfar, Senior Vice President, Chief Scientist, Photonics
• Robert B. Dennehy, Senior Vice President - Operations
• Donghyun Thomas Hwang, Senior Vice President of Global Sales
• Charles R. Bland, Independent Director

Shares of MACOM Technology Solutions Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of MACOM Technology Solutions Holdings stock can currently be purchased for approximately $37.70.