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AI brief of an SEC Form 8-K · MACOM Technology Solutions (MTSI)

MACOM revenue rises 28.3% to $190.5 million in fiscal third quarter; outlook issued

Positive Impact 3 of 5 earnings Written later

MACOM reported fiscal third-quarter 2024 results for the period ended June 28, 2024, with revenue of $190.5 million, up 28.3% from a year earlier and 5.1% from the prior quarter. GAAP net income was $19.9 million, or $0.27 per diluted share, compared with $0.17 a year earlier. The company also expects fiscal fourth-quarter revenue of $197 million to $203 million and adjusted earnings of $0.70 to $0.76 per diluted share.

Key points

  • Revenue was $190.5 million, up 28.3% from $148.5 million a year earlier and up 5.1% from $181.2 million in the prior quarter.
  • GAAP gross margin was 53.2%, down from 58.0% a year earlier and up from 52.5% in the prior quarter.
  • GAAP net income was $19.9 million, or $0.27 per diluted share; adjusted net income was $48.9 million, or $0.66 per diluted share.
  • For the quarter ending September 27, 2024, MACOM expects revenue of $197 million to $203 million and adjusted diluted EPS of $0.70 to $0.76.

The filing

CompanyMACOM Technology Solutions (MTSI)
Form8-K, current report
Filed with the SECAug 1, 2024, 7:31 AM ET
Accession number0001493594-24-000050

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 01, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.