13.90 0.00 (0.00%)
After hours: 5:00PM EDT
|Bid||13.88 x 1300|
|Ask||15.00 x 4000|
|Day's Range||13.81 - 15.00|
|52 Week Range||12.33 - 25.82|
|Beta (3Y Monthly)||2.54|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 29, 2019 - Aug 2, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||17.00|
Macom said Tuesday that its third-quarter revenue is now expected to fall in a range between $107 million and $109 million versus prior guidance of $120 million to $124 million. The Lowell, Massachusetts company's non-GAAP gross margin is now expected to be between 39% and 41%, which includes approximately $14 million in inventory reserves, or 1,300 basis points of gross margin impact.These inventory reserves are associated with certain data center products and products that would otherwise be shipped to Huawei. In addition to the downward guidance revision, Macom announced a restructuring plan in which it said it will permanently reduce its workforce by 20%, or 250 employees.
MACOM Technology Solutions Holdings, Inc. (“MACOM” or the “Company”) (MTSI), a leading supplier of semiconductor solutions, today announced it has implemented a restructuring plan that will provide an expected annual expense savings of approximately $50 million dollars once fully implemented.
MACOM Technology Solutions Holdings Inc NASDAQ/NGS:MTSIView full report here! Summary * Bearish sentiment is moderate Bearish sentimentShort interest | PositiveShort interest is moderate for MTSI with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold MTSI had net inflows of $680 million over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
LOWELL, Mass.-- -- MAAP-011250 is a balanced 4-watt power amplifier operating from 27.5 – 30 GHz making it well suited for SATCOM and VSAT applications Balanced design can enable consistent matching to 50 Ohms at the input and output Complements MACOM’s portfolio of Ka-Band gain block amplifiers, drivers, mixers and PAs to deliver a complete chipset for high-performance wireless broadband data links ...
LOWELL, Mass.-- -- Demonstration parts include a SP2T switch with integrated Bias Network, Voltage Variable Attenuator, and a 3-Stage Power Amplifier W-Band parts are sampling today. Control components utilize MACOM’s proprietary AlGaAs technology MACOM’s W-Band products are optimized for millimeterwave communication, radar and passive imaging applications W-Band capability will be showcased via a ...
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...
LOWELL, Mass.-- -- MAAM-011238 is well suited for 5G Test and Measurement instrumentation scaling to millimeterwave frequencies Positive gate bias eliminates the need for a negative voltage MACOM’s new wideband amplifier is available to customers today in DIE and packaged versions for maximum assembly flexibility MACOM Technology Solutions Inc. , a leading supplier of semiconductor solutions, today ...
MACOM Technology Solutions Holdings, Inc. , a leading supplier of semiconductor solutions, today announced the appointment of John F. Kober as Senior Vice President and Chief Financial Officer, effective immediately.
MACOM Technology Solutions Holdings, Inc. (“MACOM”) (MTSI), a leading supplier of semiconductor solutions, today announced the appointment of Stephen G. Daly as President and Chief Executive Officer, effective immediately. Mr. Daly succeeds John Croteau, who resigned on May 15, 2019. Mr. Croteau had served as President and Chief Executive Officer since December 2012.
MACOM Technology Solutions Inc. , will showcase its industry leading GaN-on-Silicon portfolio, millimeterwave portfolio, and other high-performance MMIC and diode products at IEEE’s International Microwave Symposium 2019, Booth #532 in Boston, Massachusetts, June 4th – 6th.
M/A-Com (MTSI) delivered earnings and revenue surprises of -12.50% and 0.34%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
MACOM Technology Solutions Holdings, Inc. , a leading supplier of high-performance RF, microwave, millimeterwave and lightwave semiconductor products, today announced its financial results for its fiscal second quarter ended March 29, 2019.
LOWELL, Mass.-- -- Portfolio targeted for compliance with the newly formed Open Eye MSA enabling 50Gbps to 400Gbps optical modules Builds on MACOM’s pre-eminent position in high-performance CDRs, drivers and TIAs, enabling lower cost, lower power and lower latency data center interconnects Companion 200G FR4 L-PICs to provide requisite performance at the cost comparable to current 100G CWDM4 solutions ...
M/A-Com (MTSI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
April 24 (Reuters) - Goertek Inc: * SAYS HONG KONG UNIT PLANS TO BUY 51 PERCENT STAKE IN MACOM HK FOR $134.6 MILLION Source text in Chinese: https://bit.ly/2GuWdWJ Further company coverage: (Reporting ...
The JV targets multibillion dollar opportunity to supply MACOM’s proprietary GaN-on-Si products for the world’s largest 5G network deployment
MACOM Technology Solutions Holdings, Inc. (MTSI) (“MACOM”), a leading supplier of high-performance RF, microwave, millimeterwave and lightwave semiconductor products, today reported preliminary non-GAAP financial results for the company’s second fiscal quarter ending March 29, 2019. Non-GAAP gross margin is expected to be around 49%, which includes $8 million in inventory reserves primarily associated with data center materials, or roughly 600 basis point of gross margin impact. This compares to non-GAAP gross margin guidance of 55% to 57%, which did not reflect the inventory reserve.
John Croteau became the CEO of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in 2012. First, this article will compare CEO compensation with compensation at similar sized companies. Then we'll look at a snap sh...