Macom Tech Solutions Hldgs Inc - MTSI STOCK NEWS

MACOM Technology Solutions Holdings, Inc. (MTSI) reported its fiscal second quarter 2022 results, showing a 9.7% revenue increase to $165.1 million year-over-year. Gross margin improved to 59.9%, while operating income rose to $32.6 million. Net income reached $29.6 million or $0.42 per diluted share, compared to $14.8 million and $0.21 last year. Adjusted metrics also showed growth, with adjusted net income at $48.4 million or $0.68 per diluted share. For Q3, MACOM forecasts revenue between $168 million and $172 million.

MACOM Technology Solutions has secured a contract with the U.S. Department of Defense to develop a cutting-edge 45-Kilowatt Radio Frequency transmitter. This contract highlights MACOM's innovative Gallium Nitride semiconductor and antenna beam-forming technology, aimed at enhancing high-power DOD programs. The company's proprietary MACOM PURE CARBIDE® GaN components underpin this initiative, showcasing its engineering prowess. MACOM provides high-performance semiconductor products across various industries, supporting over 6,000 customers globally.

MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) will announce its financial results for Q2 FY2022, ending April 1, 2022, before the market opens on April 28, 2022. A conference call, led by CEO Stephen G. Daly and CFO John F. Kober, is scheduled for 8:30 a.m. Eastern Time on the same day. Investors can access the call live or via replay for five business days. MACOM specializes in high-performance semiconductor products across multiple industries, serving over 6,000 customers globally. For more information, visit MACOM's Investor Relations.

MACOM Technology Solutions Inc. has launched new 128 GBaud Transimpedance Amplifiers (TIAs) and Modulator Drivers aimed at enhancing coherent optical networking applications. These products, suitable for long-haul, metropolitan, and Data Center Interconnect applications, are designed to support high data rates exceeding 800 Gbps. With features such as high bandwidth, low noise, and low power consumption, MACOM's devices are critical for Integrated Coherent Receivers and high-performance optical systems. The company invites customers to discuss these innovations at the Optical Fiber Communication Conference from March 8 to 10, 2022.

MACOM Technology Solutions announced a collaboration demonstrating interoperability between Broadcom's and MACOM's semiconductor products for 100Gbps multi-mode fiber applications. This live demonstration, available at OFC 2022 in San Diego, integrates MACOM's MATA-39434 TIA and MALD-39435 VCSEL driver with Broadcom's components. The collaboration aims to offer high-performance solutions for data centers, ensuring low power consumption and industry-leading performance. MACOM anticipates this partnership will facilitate shorter design cycles for optical module manufacturers.

MACOM Technology Solutions Inc. is set to showcase live demonstrations of its advanced semiconductor products during the OFC conference from March 6-10, 2022, in San Diego, California. The demonstrations will highlight innovative solutions for Telecommunications, Data Center, and Industrial applications, including a new low-cost, low-power PAM-4 analog chipset, Linear Equalizers, and more. A short course on LiDAR technologies will be led by VP Martin Zirngibl, discussing 3D sensing applications. MACOM aims to engage with over 6,000 customers, emphasizing its commitment to high-performance technology.

MACOM Technology Solutions Holdings, Inc. (MTSI) reported a strong fiscal Q1 2022, with revenue of $159.6 million, up 7.5% year-over-year. Gross margin increased to 59.0%, and operating income rose to $27.1 million. The net income, boosted by a $118.2 million gain from the sale of Ampere Computing equity, reached $138.8 million or $1.95 per diluted share, compared to a net loss last year. Adjusted estimates for Q2 2022 predict revenue between $161 million and $165 million and adjusted EPS of $0.64 to $0.68.

MACOM Technology Solutions announced that its manufacturing sites in North Carolina, New Hampshire, Michigan, and Massachusetts achieved AS9100D certification, a recognized Quality Management System standard for the Aviation, Space, and Defense sectors. This certification underscores MACOM's commitment to product quality and supports its long-term growth strategy. The AS9100D standard builds on ISO 9001, focusing on safe aerospace product development and production. MACOM serves over 6,000 customers globally with various semiconductor technologies.

MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) will announce its financial results for Q1 FY2022, ending December 31, 2021, on January 27, 2022, before market opening. A conference call with CEO Stephen G. Daly and CFO John F. Kober will follow at 8:30 a.m. Eastern Time. Investors can access the call via phone or listen live online, with a replay available for five business days. MACOM is recognized for its high-performance semiconductor products across various industries, supporting over 6,000 customers globally.