MACOM reported a strong start to fiscal year 2025 with a 38.8% increase in revenue compared to the previous year. The company's focus remains on serving customers and expanding its product portfolio.
Revenue increased by 38.8% year-over-year to $218.1 million.
GAAP net loss was $167.5 million, or $2.30 loss per diluted share, due to a one-time debt extinguishment charge.
Adjusted non-GAAP EPS was $0.79 per diluted share, compared to $0.58 in the previous year.
The company expects revenue to be in the range of $227 million to $233 million for the fiscal second quarter ending April 4, 2025.
For the fiscal second quarter ending April 4, 2025, MACOM expects revenue to be in the range of $227 million to $233 million, adjusted gross margin is expected to be between 57% and 58%, and adjusted earnings per diluted share is expected to be between $0.82 and $0.86.