MACOM Technology Solns Q4 Adj EPS $0.56 Beats $0.55 Estimate, Sales $150.38M Beat $150.16M Estimate
Portfolio Pulse from Benzinga Newsdesk
MACOM Technology Solns (NASDAQ:MTSI) reported Q4 earnings of $0.56 per share, beating the analyst consensus estimate of $0.55 by 1.82%. However, this is a 27.27% decrease from the same period last year. The company also reported quarterly sales of $150.38 million, beating the estimate of $150.16 million by 0.14%, but this is a 15.59% decrease from the same period last year.
November 09, 2023 | 12:32 pm
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MACOM Technology Solns beat Q4 EPS and sales estimates, but reported a YoY decrease in both. This mixed result could lead to uncertain market reactions.
While MACOM beat estimates, the YoY decrease in both EPS and sales could be a concern for investors. This could lead to mixed market reactions, making the short-term impact on the stock uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100