MACOM Technology Solutions Holdings, Inc. Provides Earnings Guidance for the Fiscal Fourth Quarter Ending September 30, 2022
July 28, 2022 at 07:30 am EDT
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MACOM Technology Solutions Holdings, Inc. provided earnings guidance for the fiscal fourth quarter ending September 30, 2022. For the fiscal fourth quarter ending September 30, 2022, MACOM expects revenue to be in the range of $175 million to $180 million. Adjusted gross margin is expected to be between 61.5% and 63.5%, and adjusted earnings per share is expected to be between $0.74 and $0.78 utilizing an anticipated non-GAAP income tax rate of 3% and 71.4 million fully diluted shares outstanding.
MACOM Technology Solutions Holdings, Inc. designs and manufactures semiconductor products for the telecommunications, industrial and defense and data center industries. The Company is specialized in application, analog and mixed signal circuit design, compound semiconductor fabrication (including gallium arsenide (GaAs), gallium nitride (GaN), indium phosphide (InP) and specialized silicon), packaging and back-end assembly and test. It manufactures compound semiconductors, including GaAs, GaN and InP. It offers a product portfolio that incorporates radio frequency (RF), microwave, analog and mixed signal and optical semiconductor technologies. The Company's products are electronic components that its customers generally incorporate into electronic systems, such as wireless base stations, optical networks, data center networks, radar, medical systems and test and measurement applications. It operates facilities across the United States, Europe, Asia.
MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC. 
