MACOM Reports Fourth Quarter and Fiscal Year 2016 Financial Results

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Go back to MACOM Reports Fourth Quarter and Fiscal Year 2016 Financial Results

Jefferies Cuts Price Target on M/A-Com Technology Solutions (MTSI) Following Mixed 4Q

November 16, 2016 8:28 AM EST

Jefferies maintained a Buy rating on M/A-COM Technology Solutions (NASDAQ: MTSI), and cut the price target to $49.00 (from $50.00), following the company's 4Q earnings report. Revenues of $153M were above consensus of $150M. However, EPS missed estimates by 2c due to fiscal year-end incentives... More

M/A-Com Technology Solutions (MTSI) Misses Q4 EPS by 2c, Offers Q1 Outlook

November 15, 2016 4:09 PM EST

M/A-Com Technology Solutions (NASDAQ: MTSI) reported Q4 EPS of $0.54, $0.02 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $152.7 million versus the consensus estimate of $149.97 million.

GUIDANCE:

M/A-Com Technology Solutions sees Q1 2017 EPS of $0.54-$0.58,... More