Welcome to our dedicated page for Macom Tech Solutions Hldgs news (Ticker: MTSI), a resource for investors and traders seeking the latest updates and insights on Macom Tech Solutions Hldgs stock.
MACOM Technology Solutions Holdings, Inc. (symbol: MTSI) is a leading provider of analog, digital, and mixed-signal semiconductor solutions. The company's innovative products are essential components in a wide range of systems, spanning industrial, medical, scientific, and test and measurement markets. MACOM's portfolio includes integrated circuits, multichip modules, power pallets, transistors, diodes, amplifiers, switches and switch limiters, passive and active components, and complete subsystems.
Headquartered in Lowell, Massachusetts, MACOM is at the forefront of technology that powers modern communications infrastructure. The company's breakthroughs in semiconductor technologies cater to optical, wireless, and satellite networks, helping to meet the global demand for information. MACOM's solutions increase mobile internet speed and coverage, and enable fiber optic networks to handle enormous volumes of data for businesses, homes, and data centers.
MACOM's technology also plays a crucial role in safety and security. Their next-generation radar systems are used in air traffic control and weather forecasting, and their advanced solutions support mission success on modern, networked battlefields. The company's high-performance products make it a trusted partner for leading communications infrastructure providers worldwide.
Financially, MACOM has shown robust growth and profitability, with a significant portion of its revenue generated from the United States, China, Taiwan, and various other countries. The company continues to expand its reach and capabilities through strategic partnerships and continuous innovation.
Recent Achievements and Projects:
- Development of advanced semiconductor solutions for 5G networks.
- Expansion of product lines to include more high-performance analog and mixed-signal solutions.
- Partnerships with leading technology companies to enhance product offerings and market reach.
MACOM Technology Solutions Holdings, Inc. remains a vital entity in the semiconductor industry, consistently pushing the boundaries of technology to create a better-connected and safer world.
HyperLight , a provider of thin film lithium niobate (TFLN) photonic integrated circuits (PICs), has secured a $37 million Series B investment led by Summit Partners. The funding round includes participation from existing investors Xora Innovation and Foothill Ventures. Peter Chung, Managing Director and CEO of Summit Partners, will join HyperLight's Board of Directors.
HyperLight's TFLN PICs offer superior bandwidth and energy efficiency for AI/data center infrastructure, telecommunications optical networks, and high-performance computing. The company has delivered industrial-scale TFLN PICs with a trusted supply chain since its founding in 2018.
The new financing will enable HyperLight to accelerate product development and meet growing customer demand. The investment is expected to enhance the company's ability to serve as a trusted innovation partner in the photonics industry.
MACOM Technology Solutions Inc. (MTSI) will showcase its latest RF, microwave, and millimeter wave products at the European Microwave Week (EuMW) in Paris from September 24-26, 2024. The company will present six technology demonstrations at Booth #402, highlighting its diverse product portfolio, including Diodes, RF Power, MMICs, and Linear Modules and Subsystems.
Key demonstrations include MACOM Foundry Services, Integrated Filter Technology, mHEMT Low Noise Amplifier, Broadband High Power Limiter, 250 W GaN Pallet, and C-Band 100 W GaN-on-SiC Power Amplifier. MACOM will also feature space and high reliability components for free space optics systems and RF-over-fiber analog photonic subsystems.
Additionally, MACOM representatives will deliver presentations on differentiated technologies for radar and communications systems, stability margins for transfer functions, and foundry needs and demands.
MACOM Technology Solutions Inc. (MTSI), a leading semiconductor supplier, will showcase its latest connectivity products at ECOC2024 in Frankfurt, Germany from September 23-25, 2024. The company will demonstrate a wide range of optical and copper connectivity solutions, including:
- 200G per lane high-performance analog products
- 800G innovations and QSFP112 solutions
- 25G PON designs
- FMCW LiDAR and 25G/50G optical automotive Ethernet
- PCIe-over-Fiber technology
- MACOM PURE DRIVE™ transimpedance amplifiers and laser drivers
- High-performance linear equalizers
These products support various applications, from data centers to automotive networking, showcasing MACOM's commitment to advancing high-speed connectivity technologies.
MACOM Technology Solutions Holdings, Inc. (Nasdaq: MTSI) reported strong financial results for its fiscal third quarter ended June 28, 2024. Revenue increased 28.3% year-over-year to $190.5 million. GAAP net income was $19.9 million, or $0.27 per diluted share. On an adjusted non-GAAP basis, net income was $48.9 million, or $0.66 per diluted share.
Key highlights include:
- Adjusted gross margin of 57.5%
- Adjusted income from operations of $45.6 million (24.0% of revenue)
- Strong focus on engineering excellence and portfolio expansion
For Q4 FY2024, MACOM expects revenue between $197-$203 million and adjusted EPS of $0.70-$0.76.
MACOM Technology Solutions Holdings (Nasdaq: MTSI) has announced plans to release its third quarter fiscal year 2024 financial results on August 1, 2024, before the market opens. The company will host a conference call at 8:30 a.m. Eastern Time on the same day, featuring President and CEO Stephen G. Daly and CFO John F. Kober. Investors can register for the live call or access the webcast through MACOM's Investor Relations Website. A replay of the call will be available for approximately 90 days after the event.
MACOM Technology Solutions Inc., a leading semiconductor product supplier, has dedicated its Lowell campus in honor of John L. Ocampo. The newly named John L. Ocampo Technology Campus houses MACOM's semiconductor wafer fabrication facilities, R&D centers, and corporate headquarters. John Ocampo served as a director and Chair of MACOM's board since March 2009, playing a important role in the company's growth and transformation. Known for his innovation and entrepreneurship in the semiconductor industry, Ocampo's legacy is celebrated through this dedication. Stephen G. Daly, MACOM's President and CEO, emphasized Ocampo's instrumental role in transforming MACOM into a leading technology company and his passion for engineering and technology.
MACOM Technology Solutions will showcase its latest RF, microwave, and millimeter wave products at IMS2024 in Washington, DC, from June 18-20, 2024. Key demonstrations include a GaN-on-SiC MMIC Ka-Band Power Amplifier, a 300 W X-Band GaN-on-SiC Matched Power Amplifier, a C-Band 100 W GaN-on-SiC Power Amplifier, and more. MACOM will also highlight its expanded foundry services. Attendees can engage with MACOM’s engineering teams for in-depth explanations. Presentations on high-power GaN devices and microwave power amplifiers are scheduled. Visit Booth #921 for products and Booth #744 for foundry services.
MACOM Technology Solutions Holdings, Inc. reported an increase in revenue to $181.2 million for the fiscal second quarter of 2024, with a gross margin of 52.5%. Net income was $15.0 million, or $0.20 per diluted share. Adjusted non-GAAP results showed a gross margin of 57.1% and adjusted net income of $43.2 million, or $0.59 per diluted share. The company expects revenue between $187 million to $193 million for the fiscal third quarter of 2024.