MACOM Technology Solns (NASDAQ:MTSI) reported its Q1 earnings results on Thursday, January 27, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
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Earnings
MACOM Technology Solns beat estimated earnings by 3.23%, reporting an EPS of $0.64 versus an estimate of $0.62, which did not surprise analysts.
Revenue was up $11.12 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03, which was followed by a 1.37% drop in the share price the next day.
Here's a look at MACOM Technology Solns's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.58 | 0.53 | 0.47 | 0.42 |
| EPS Actual | 0.61 | 0.57 | 0.51 | 0.46 |
| Revenue Estimate | 155.01M | 152.10M | 150.06M | 148.02M |
| Revenue Actual | 155.21M | 152.62M | 150.58M | 148.50M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
