Stock Data
$38.18 (14.49%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
TECHNOLOGY
Industry
SEMICONDUCTORS
MACOM Technology Solutions Holdings Inc specializes in creating advanced analog semiconductor solutions, widely used in various communication systems. Their products, ranging from integrated circuits to subsystems, play a crucial role in wireless, wireline, and optical networks. They cater to diverse markets including telecommunications, industrial and defense sectors, and data centers, offering both standard and custom devices. With a global presence, MACOM is a key supplier for systems requiring high-performance electronic components, such as 5G networks, radar systems, and optical communications, headquartered in Lowell, Massachusetts.
Data center optical demand pushed revenue up 35.8% year over year, and guidance calls for $415 million to $425 million next quarter, another 21% to 24% sequential jump. Adjusted gross margin reached 59.7% and management sees 60% to 61% ahead, so the mix shift is lifting profits alongside volume.
3 Articles
Our top personal finance-related articles today. Your wallet will thank you later.
