MACOM Crushes Q3 Estimates: Revenue Soars 36%, Guides Q4 Revenue to $415M-$425M

summarizeSummary

Fiscal Q3 revenue of $342.2M, up 35.8% YoY, and adjusted EPS of $1.40 were followed by Q4 guidance of $415M-$425M in revenue and $1.97-$2.03 adjusted EPS, far exceeding expectations and signaling accelerating growth.

check_boxKey Events · Earnings and Guidance · MTSI

• Revenue Surges 36% YoY

  Fiscal Q3 revenue reached $342.2 million, up 35.8% from $252.1 million a year ago and 18.4% sequentially, driven by broad-based demand.

• Earnings More Than Double

  Adjusted net income rose to $109.8 million, or $1.40 per diluted share, compared to $68.2 million, or $0.90 per share, in the prior-year quarter.

• Q4 Guidance Blows Past Consensus

  For fiscal Q4, the company expects revenue of $415 million to $425 million and adjusted EPS of $1.97 to $2.03, implying over 20% sequential revenue growth at the midpoint.

• Margins Expand Sharply

  Adjusted gross margin improved to 59.7% from 57.6% a year ago, while adjusted operating margin reached 31.5% of revenue, up from 25.2%.

auto_awesomeAnalysis · MTSI · Manufacturing

A standout fiscal third quarter saw revenue jump 36% year-over-year to $342.2 million, while adjusted earnings per share reached $1.40 — well above the $0.90 reported a year ago. For the current quarter, the company guided revenue between $415 million and $425 million, implying sequential growth of over 20% at the midpoint, and adjusted EPS of $1.97 to $2.03. This performance and outlook signal accelerating demand across semiconductor end markets, particularly in data center and telecommunications, and mark a sharp acceleration from already strong recent trends. The results come against a backdrop of significant insider selling over the past 90 days, which makes the fundamental strength even more notable — the business is clearly outperforming any concerns those sales might have raised.