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Jan 03

Macom Q1 2025 Earnings Report

MACOM's financial performance for Q1 2025 was reported, demonstrating revenue growth and focus on serving customers.

Key Takeaways

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.

Total Revenue
$218M
Previous year: $157M
+38.8%
EPS
$0.79
Previous year: $0.58
+36.2%
Gross Profit
$117M
Previous year: $87.3M
+34.1%
Cash and Equivalents
$233M
Previous year: $164M
+42.2%
Free Cash Flow
$61.3M
Previous year: $28.4M
+115.6%
Total Assets
$1.84B
Previous year: $1.65B
+11.7%

Macom

Macom

Forward Guidance

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.

Positive Outlook

  • Revenue expected to be between $227 million and $233 million.
  • Adjusted gross margin is expected to be between 57% and 58%.
  • Adjusted earnings per diluted share is expected to be between $0.82 and $0.86.
  • Anticipated non-GAAP income tax rate of 3%.
  • 76.0 million fully diluted shares outstanding.