MACOM Technology Solutions Holdings, Inc. - Common Stock (MTSI)
109.76
+0.78 (0.72%)
Macom Technology Solutions is a leading supplier of semiconductor solutions for a broad range of applications, including telecommunications, data center, and aerospace and defense sectors
The company specializes in designing and manufacturing high-performance analog semiconductor products, such as optical transceivers, RF components, and wireline communication solutions. With a strong focus on innovation and technology development, Macom aims to enhance connectivity and efficiency in various digital and analog systems, serving both commercial and industrial markets worldwide.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at MACOM (NASDAQMTSI) and the best and worst performers in the analog semiconductors industry.
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Network chips maker MACOM Technology Solutions (NASDAQMTSI) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 38.8% year on year to $218.1 million. Guidance for next quarter’s revenue was optimistic at $230 million at the midpoint, 2.1% above analysts’ estimates. Its non-GAAP profit of $0.79 per share was in line with analysts’ consensus estimates.
MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI), a leading supplier of semiconductor products, today announced its financial results for its fiscal first quarter ended January 3, 2025.
Network chips maker MACOM Technology Solutions (NASDAQMTSI)
will be reporting earnings tomorrow before market hours. Here’s what investors should know.
MACOM Technology Solutions Inc. (“MACOM”) is pleased to announce that its France-based European Semiconductor Center (“MESC”), has been awarded a multi-year contract from Banque Publique d'Investissement (“BPI”) to lead the development and manufacturing of advanced semiconductor products, in collaboration with public and private sector partners. The ‘MAGENTA’ program’s goal is to develop next generation Ka-band Monolithic Microwave Integrated Circuit (“MMIC”) front end products, leveraging MESC’s existing Gallium Nitride (GaN) technology. A key program focus will be development of amplifiers with exceptional power-added efficiency, an innovation which is intended to push the boundaries of high-frequency communications system performance. The products and capabilities developed under the program are intended to support telecommunication systems in the 5G-FR2 bands and low earth orbit (LEO) communication systems.
MACOM Technology Solutions Inc. (“MACOM”) today announced production availability of its 227 Gbps per lane family of linear equalizers supporting active copper cable (ACC) applications. These innovative devices can help extend the reach of traditional twinax copper Direct Attach Cables (DAC), which become reach limited at 227 Gbps per lane transmission speeds. MACOM’s new linear equalizers can more than double the reach of DAC cables, enabling longer 1.6 Tbps copper cable assemblies for intra-rack connectivity in high-performance computing clusters.
MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI) plans to announce financial results for its first quarter ended January 3, 2025, before market open on Thursday, February 6, 2025. In conjunction with the release, MACOM will conduct a conference call at 8:30 a.m. Eastern Time on Thursday, February 6, 2025 hosted by Mr. Stephen G. Daly, President and Chief Executive Officer, and Mr. John F. Kober, Senior Vice President and Chief Financial Officer.
MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI), is pleased to announce its long-term investment plan to modernize its Massachusetts and North Carolina semiconductor wafer fabrication facilities. MACOM’s five-year strategic investment plan of up to $345 million is supported by a recently executed preliminary, non-binding agreement with the CHIPS Program Office, which would provide for proposed direct funding from the U.S. Department of Commerce under the CHIPS and Science Act of up to $70 million. The preliminary terms propose up to $180 million to be supported by the CHIPS and Science Act through a combination of direct Federal funding, Federal Investment Tax Credits and State funding, including direct funding from the Massachusetts Technology Collaborative of up to $15.7 million as well as other incentives from the State of Massachusetts. It is expected that the balance of approximately $165 million would be self-funded by MACOM’s operating cash flow over the next five years.
Let’s dig into the relative performance of Microchip Technology (NASDAQMCHP) and its peers as we unravel the now-completed Q3 analog semiconductors earnings season.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the analog semiconductors industry, including MACOM (NASDAQMTSI) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at analog semiconductors stocks, starting with Universal Display (NASDAQOLED).
MACOM Technology Solutions Holdings, Inc. (“MACOM” or the “Company”) (Nasdaq: MTSI), a leading supplier of semiconductor products, today announced that it has entered into separate, privately negotiated exchange and subscription agreements with a limited number of holders of its 0.25% convertible senior notes due 2026 (the “Existing Convertible Notes”) in each case pursuant to exemptions from registration under the Securities Act of 1933, as amended (the “Securities Act”). Pursuant to the Exchange and Subscription Agreements, the Company will exchange approximately $288.8 million in aggregate principal amount of the Existing Convertible Notes for approximately $257.7 million in aggregate principal amount of new 0.000% convertible senior notes due 2029 (the “New Convertible Notes”) and approximately 1.6 million shares of the Company’s common stock, par value $0.001 per share (“Common Stock” and, such exchanges, collectively, the “Exchange”). The Company will issue approximately $86.6 million in aggregate principal amount of New Convertible Notes in a private placement to certain investors (the “Subscription” and, together with the Exchange, the “Transactions”).
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Texas Instruments (NASDAQTXN) and the best and worst performers in the analog semiconductors industry.
MACOM currently trades at $137.94 and has been a dream stock for shareholders. It’s returned 451% since December 2019, blowing past the S&P 500’s 92.7% gain. The company has also beaten the index over the past six months as its stock price is up 34.1%.
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