Previous close | 0.8100 |
Open | 0.8100 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 80.00 |
Expiry date | 2024-05-17 |
Day's range | 0.8100 - 0.8100 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Insights into MACOM's financial performance, strategic initiatives, and market dynamics in the second quarter of 2024.
Company Meets Quarterly Earnings Estimates and Provides Optimistic Future Outlook
Network chips maker MACOM Technology Solutions (NASDAQ: MTSI) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 7% year on year to $181.2 million. The company expects next quarter's revenue to be around $190 million, slightly above analysts' estimates. It made a non-GAAP profit of $0.59 per share, down from its profit of $0.79 per share in the same quarter last year.