MACOM Reports Fiscal Fourth Quarter and Fiscal Year 2024 Financial Results
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MACOM Technology Solutions Holdings, Inc. (Nasdaq: MTSI) reported a 33.5% year-over-year increase in revenue for its fiscal fourth quarter of 2024, reaching $200.7 million. This also marks a 5.4% increase from the previous fiscal quarter.
November 07, 2024 | 12:45 pm
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MACOM Technology Solutions Holdings, Inc. reported a significant 33.5% year-over-year increase in revenue for Q4 2024, reaching $200.7 million. This growth is also a 5.4% increase from the previous quarter, indicating strong performance.
The significant year-over-year revenue increase of 33.5% and quarter-over-quarter growth of 5.4% suggest strong business performance, likely to positively impact MTSI's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100