MACOM Technology Solutions Holdings, Inc. reported earnings results for the first quarter ended December 29, 2023. For the first quarter, the company reported sales was USD 157.15 million compared to USD 180.1 million a year ago. Net income was USD 12.53 million compared to USD 29.52 million a year ago.

Basic earnings per share from continuing operations was USD 0.18 compared to USD 0.42 a year ago. Diluted earnings per share from continuing operations was USD 0.17 compared to USD 0.41 a year ago.