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.
Macom
Macom
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