M/A-Com Technology Solutions (MTSI) Tops Q2 EPS by 2c, Offers Q3 Guidance
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MACOM Reports Revenue of $133.6 Million, Adjusted Gross Margin of 58.1% and Adjusted EPS of $0.46 (non-GAAP) for Fiscal Second Quarter
April 26, 2016 4:05 PM EDTLOWELL, Mass.--(BUSINESS WIRE)-- M/A-COM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) (MACOM), a leading supplier of high-performance analog RF, microwave, millimeterwave and photonic semiconductor products, today announced its financial results for its fiscal second quarter ended April 1, 2016.
Second Quarter Fiscal Year 2016 GAAP Results
Revenue was $133.6 million, an increase of 15.4% percent, compared to $115.8 million in the prior fiscal quarter and an increase of 30.4% percent compared to $102.4 million in the previous year fiscal second quarter; Gross profit was $65.5 million, an increase of 8.6% percent, compared... More