MACOM Technology Solutions Holdings, Inc. (Nasdaq: MTSI), a supplier of high-performance RF, microwave, millimeter wave and lightwave semiconductor products, has announced its financial results for its fiscal second quarter ended March 30, 2018, the company said.
Revenue was USD 150.4 million, a decrease of 19.2% compared to USD 186.1 million in the previous year fiscal second quarter and an increase of 14.9% compared to USD 130.9 million in the prior fiscal quarter;
Gross profit was USD 65.6 million, a decrease of 4.7% compared to USD 68.9 million in the previous year fiscal second quarter and an increase of 7.6% compared to USD 61.0 million in the prior fiscal quarter;
Gross margin was 43.6%, compared to 37.0% in the previous year fiscal second quarter and 46.6% in the prior fiscal quarter;
Operating loss was USD 23.4 million, compared to operating loss of USD 33.6 million in the previous year fiscal second quarter and operating loss of USD 23.0 million in the prior fiscal quarter; and
Net loss from continuing operations was USD 15.5 million, or USD 0.50 loss per diluted share, compared to net loss from continuing operations of USD 134.3 million, or USD 2.21 loss per diluted share, in the previous year fiscal second quarter and net loss from continuing operations of USD 17.0 million, or USD 0.49 loss per diluted share, in the prior fiscal quarter.
MACOM enables a better-connected and safer world by delivering breakthrough semiconductor technologies for optical, wireless and satellite networks that satisfy society´s insatiable demand for information.
Headquartered in Lowell, Massachusetts, MACOM is certified to the ISO9001 international quality standard and ISO14001 environmental management standard. MACOM has design centers and sales offices throughout North America, Europe, Asia and Australia.
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