Loading...
•
Oct 02, 2020
Macom Q4 2020 Earnings Report
MACOM's revenue increased by 31.2% compared to the previous year fiscal fourth quarter.
Key Takeaways
MACOM reported fiscal fourth quarter results with revenue of $147.2 million, a 31.2% increase year-over-year. The company's net income was $17.5 million, or $0.22 per diluted share, compared to net income of $10.5 million, or $0.16 per diluted share, in the previous year fiscal fourth quarter.
Revenue was $147.2 million, up 31.2% year-over-year.
Gross margin was 52.8%, compared to 47.2% in the previous year fiscal fourth quarter.
Operating income was $12.7 million, compared to an operating loss of $12.0 million in the previous year fiscal fourth quarter.
Net income was $17.5 million, or $0.22 per diluted share, compared to net income of $10.5 million, or $0.16 per diluted share, in the previous year fiscal fourth quarter.
Forward Guidance
For the fiscal first quarter ending January 1, 2021, MACOM expects revenue to be in the range of $146 million to $150 million. Adjusted gross margin is expected to be between 56% and 58%, and adjusted earnings per share is expected to be between $0.41 and $0.45 on an anticipated 69.8 million fully diluted shares outstanding.
Positive Outlook
- Revenue to be in the range of $146 million to $150 million
- Adjusted gross margin is expected to be between 56% and 58%
- Adjusted earnings per share is expected to be between $0.41 and $0.45
- Anticipated 69.8 million fully diluted shares outstanding
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...