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MACOM Technology Q1 EPS $0.07 Beats $0.03 Estimate, Sales $119.1M Beat $114.51M Estimate

MACOM Technology (NASDAQ:MTSI) reported quarterly earnings of $0.07 per share which beat the analyst consensus estimate of $0.03 by 133.33 percent. This is a 65 percent decrease over earnings of $0.2 per share from the

Benzinga · 01/28/2020 21:06

MACOM Technology (NASDAQ:MTSI) reported quarterly earnings of $0.07 per share which beat the analyst consensus estimate of $0.03 by 133.33 percent. This is a 65 percent decrease over earnings of $0.2 per share from the same period last year. The company reported quarterly sales of $119.1 million which beat the analyst consensus estimate of $114.51 million by 4.01 percent. This is a 20.96 percent decrease over sales of $150.689 million the same period last year.