Macom Q4 2021 Earnings Report
Key Takeaways
MACOM reported fiscal fourth quarter revenue of $155.2 million, a 5.4% increase year-over-year. The company's gross margin was 58.1%, and operating income was $26.3 million. Net income was $17.1 million, or $0.24 per diluted share.
Revenue increased by 5.4% compared to the previous year fiscal fourth quarter.
Gross margin improved to 58.1% from 52.8% in the previous year fiscal fourth quarter.
Operating income rose to $26.3 million, compared to $12.7 million in the previous year fiscal fourth quarter.
Net income was $17.1 million, or $0.24 per diluted share.
Macom
Macom
Forward Guidance
For the fiscal first quarter ending December 31, 2021, MACOM expects revenue to be in the range of $157 million to $161 million. Adjusted gross margin is expected to be between 60.0% and 62.0%, and adjusted earnings per share is expected to be between $0.60 and $0.64 on an anticipated 71.4 million fully diluted shares outstanding.
Positive Outlook
- Revenue to be in the range of $157 million to $161 million.
- Adjusted gross margin is expected to be between 60.0% and 62.0%.
- Adjusted earnings per share is expected to be between $0.60 and $0.64.
- Anticipated 71.4 million fully diluted shares outstanding.