MTSI

MaxLinear, Inc. MXL is expected to post its second-quarter 2026 earnings report next month, with four of its end markets likely to contribute favorably. Infrastructure, now the company’s largest revenue category, is likely to remain the primary growth driver as hyperscale customers rapidly scale AI-centric architectures. Management expects a step-up in data center revenue beginning in the second quarter, with additional upside as run rates continue to expand into 2027. Driving that momentum is the Keystone PAM4 DSP optical transceiver platform, which has been ramping up at multiple major hyperscale customers across both the United States and Asia, supporting both 400G and 800G PAM4 deployments for scale-up and scale-out applications. The Panther hardware storage accelerator SoC family is also gaining traction, with rising design win activity among Tier 1 network appliance and cloud service providers, setting up for higher storage accelerator revenues. At the same time, wireless infrastructure momentum is improving as carriers increase investments in 5G RAN access and backhaul to support cloud connected and edge AI functionality. In Broadband and Connectivity, Maxlinear is advancing large-scale deployments of single-chip fiber PON and Wi-Fi 7 gateway platforms with a second major Tier 1 service provider in North America, with acceleration expected in Europe later this year. Management believes these long-cycle deployments create a stable foundation, building on the integration and power efficiency advantages that support the company’s data center portfolio. Lastly, MaxLinear’s Industrial and multi-market segment is also likely to benefit from increased volume of shipments of high-performance analog products. MACOM Technology Solutions Inc. MTSI introduced a chip scale hot via process built on its AlGaAs diode technology. As an alternative to conventional chip and wire bonding and copper pillar-based surface mount technologies, MACOM’s hot via process simplifies surface mount assembly while delivering low insertion loss and high isolation. The first product using the AlGaAs hot via process technology is the MASW-011261, a broadband SP2T switch operating from 60 to 110 GHz. Skyworks Solutions, Inc. SWKS recently unveiled its new Si829x isolated safety gate driver for electric vehicle (EV) traction inverters and other electrified systems, including eTrucking, in...

Artisan Partners, an investment management company, released its first-quarter 2026 investor letter for the “Artisan Small Cap Fund”. A copy of the letter is available to download here. US equities were mixed in Q1 2026, with major indices hitting all-time highs in January before retreating amid geopolitical tensions, changing monetary policy, and economic uncertainty. Energy stocks surged, outpacing the market, while value outperformed growth as investors moved from tech to commodity-sensitive sectors. Market leadership broadened, with mid- and small-cap indices performing better than large caps. The Iran conflict influenced market behavior. AI-related investments supported capital spending and earnings, though investor sentiment was mixed. The portfolio saw negative absolute returns but outpaced the Russell 2000® Growth Index, offering some downside protection. Investor Class: ARTSX, Advisor Class: APDSX, and Institutional Class: APHSX returned -2.72%, -2.68%, and -2.69%, respectively, in the first quarter compared to -2.81% return for the index. The market shifted towards cyclical, commodity sectors, less aligned with high-quality franchises, due to geopolitical events and energy shocks. Despite this, many portfolio companies maintained solid earnings aligned with their profit cycles. The Firm views this environment as supportive of its stock selection approach, focused on bottom-up stock selection across industries. In addition, please check the Fund’s top five holdings to know its best picks in 2026. In its first-quarter 2026 investor letter, Artisan Small Cap Fund highlighted MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) as one of its leading contributors. MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) is a high-power analog semiconductor solutions provider serving applications across radio frequency (RF), microwave, millimeter wave, and lightwave spectrum. On June 4, 2026, MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) closed at $382.74 per share. One-month return of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) was 6.35%, and its shares gained 206.09% over the past 52 weeks. MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has a market capitalization of $29.2 billion. Artisan Small Cap Fund stated the following regarding MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in its Q1 2026 investor letter...

MACOM’s second quarter results for 2026 were met with a notably positive market response, reflecting ongoing strength across its core end markets. Management emphasized robust customer demand in Data Center, Industrial, and Defense, all of which contributed to significant year-over-year growth. CEO Stephen Daly credited increased bookings—particularly in Data Center, where both revenue and backlog reached new highs—and pointed to operational improvements that enhanced gross and operating margins. Daly explained, “Our strategy of strengthening core technologies and expanding our product portfolio is working, allowing us to capture new opportunities as demand accelerates.” Is now the time to buy MTSI? Find out in our full research report (it’s free). Revenue: $289 million vs analyst estimates of $285.4 million (22.5% year-on-year growth, 1.2% beat) Adjusted EPS: $1.09 vs analyst estimates of $1.07 (1.6% beat) Adjusted EBITDA: $89.47 million vs analyst estimates of $93.59 million (31% margin, 4.4% miss) Revenue Guidance for Q2 CY2026 is $335 million at the midpoint, above analyst estimates of $300.1 million Adjusted EPS guidance for Q2 CY2026 is $1.34 at the midpoint, above analyst estimates of $1.15 Operating Margin: 17.6%, up from 14.8% in the same quarter last year Inventory Days Outstanding: 184, up from 181 in the previous quarter Market Capitalization: $29.11 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Blayne Curtis (Jefferies) asked about the drivers behind gross margin improvement, particularly the impact of Data Center mix and volume. CEO Stephen Daly explained that higher fab output and yield enhancements were key contributors, and noted ongoing efforts to further improve margins throughout the year. Thomas O'Malley (Barclays) inquired about MACOM’s exposure to LEO satellite launches and the timing of revenue recognition in the Telecom segment. Daly responded that MACOM is engaged with major players across satellite payloads, gateways, and terminals, with revenue ramping up gradually as programs transition to full production. Tore Svanberg (Stifel) questioned what is driving Data Center growth abo...

In early May 2026, MACOM Technology Solutions Holdings reported past fiscal second-quarter results showing higher sales and earnings year on year, and issued fiscal third-quarter revenue guidance of US$331 million to US$339 million. The company highlighted particularly strong demand from Data Center and Defense customers, with operational improvements supporting higher profitability across its semiconductor portfolio. Next, we’ll examine how this stronger Data Center and Defense performance may influence MACOM’s existing investment narrative and risk-reward profile. Explore 27 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. To own MACOM, you have to believe its focus on high speed optical and GaN semiconductors for Data Center and Defense can justify its premium valuation, while it works through near term fab and margin challenges. The latest fiscal Q2 beat and stronger Q3 revenue guidance support the case that Data Center demand is the key short term catalyst, though underutilization and expansion risk at RTP and Lowell still look like the biggest near term overhang. The Q3 FY2026 revenue guidance of US$331 million to US$339 million is most relevant here, because it directly ties to whether MACOM’s capacity investments can convert into higher, more stable revenue from AI driven data centers and defense programs. How well this guidance holds up will influence views on both the upside from internal fabs becoming margin accretive and the risk that added capacity proves underused if end markets slow. Yet behind the strong headline numbers, one risk investors should be aware of is how quickly MACOM can fill its expanded fab footprint if hyperscaler spending... Read the full narrative on MACOM Technology Solutions Holdings (it's free!) MACOM Technology Solutions Holdings' narrative projects $1.7 billion revenue and $446.9 million earnings by 2029. This requires 17.5% yearly revenue growth and about a $284.8 million earnings increase from $162.1 million today. Uncover how MACOM Technology Solutions Holdings' forecasts yield a $279.73 fair value, a 27% downside to its current price. Before this Q2 surprise, the most bearish analysts expected about US$1.5 billion of revenue and US$415 million of earnings by 2029, which is...

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. MACOM Technology Solutions Holdings (MTSI) just reported Q2 fiscal 2026 earnings that exceeded analyst expectations, with revenue and profit ahead of forecasts and management lifting its Data Center growth outlook and margin targets. See our latest analysis for MACOM Technology Solutions Holdings. The share price reaction has been sharp, with an 11.2% 1 day share price return and a 22.3% 7 day share price return around the earnings news. This has contributed to a 96.9% year to date share price return and a very large 5 year total shareholder return, which suggests momentum has been building. If strong demand in areas like Data Center gets you thinking about what else might be moving, it could be worth checking a curated list of 40 AI infrastructure stocks With the stock surging and MACOM now trading slightly above the average analyst target and intrinsic estimate, you have to ask: is this justifiable enthusiasm, or are markets already pricing in much of the future growth? Compared to the last close of $344.47, the most followed narrative puts MACOM Technology Solutions Holdings' fair value at $279.73. This implies a sizable valuation gap that hinges on ambitious growth and margin assumptions. Read the complete narrative. Want to see what kind of revenue ramp and margin profile underpin that outlook? The narrative leans on faster earnings growth and a rich future earnings multiple to back this fair value. Result: Fair Value of $279.73 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this upbeat story still leans heavily on smooth RTP fab execution and relatively volatile data center and telecom demand, which could easily unsettle those assumptions. Find out about the key risks to this MACOM Technology Solutions Holdings narrative. If this mix of optimism and concern feels familiar, now is a good time to review the numbers yourself, stress test the story against your own expectations, and then weigh those potential upsides against the flagged risks by checking the 2 key rewards and 1 important warning sign Do not stop at one stock when there are plenty of other opportunities that fit different goals, risk levels, and income needs across t...

For the quarter ended March 2026, M/A-Com (MTSI) reported revenue of $288.96 million, up 22.5% over the same period last year. EPS came in at $1.09, compared to $0.85 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $285.1 million, representing a surprise of +1.35%. The company delivered an EPS surprise of +2%, with the consensus EPS estimate being $1.07. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how M/A-Com performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue by Primary Markets- Telecom: $70.12 million versus the four-analyst average estimate of $69.84 million. The reported number represents a year-over-year change of +7.6%. Revenue by Primary Markets- Industrial & Defense: $120.65 million versus the four-analyst average estimate of $119.48 million. The reported number represents a year-over-year change of +22.4%. Revenue by Primary Markets- Data Center: $98.19 million versus $95.84 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +36% change. View all Key Company Metrics for M/A-Com here>>> Shares of M/A-Com have returned +25.4% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MACOM Technology Solutions Holdings, Inc. (MTSI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Image source: The Motley Fool. Thursday, May 7, 2026 at 8:30 a.m. ET Chief Executive Officer — Stephen G. Daly Chief Financial Officer — John F. Kober Need a quote from a Motley Fool analyst? Email [email protected] Stephen Daly: Thank you, and good morning. I will begin today's call with a general company update. After that, Jack Kober, our Chief Financial Officer, will review our Q2 results for fiscal year 2026. When Jack is finished, I will provide revenue and earnings guidance for the third quarter of FY '26, and then we will be happy to take some questions. Revenue for the second quarter of fiscal 2026 was $289 million, and adjusted EPS was $1.09 per diluted share. Demand for our products is strong across our 3 end markets, and our backlog continues to build. Our sequential financial performance improved across most key metrics in Q2, including gross and operating margins. Our Q2 book-to-bill ratio was 1.5:1 and orders booked and shipped within the quarter was 18% of total revenue. All 3 end markets had exceptional bookings with notable outperformance in the Data Center. Our backlog remains at a record level, and we believe this strength reflects that we are in the right markets with the right products at the right time. Turning to recent market trends. Q2 revenue performance by end market was as expected, with all end markets growing sequentially. Industrial and Defense was $120.7 million, Data Center was $98.2 million,and Telecom was $70.1 million. Data Center was up approximately 14.5% sequentially, Telecom was up 3% sequentially and I&D was up 2.5% sequentially. Both I&D and Data Center revenues are at record levels. As we look to the second half of our fiscal year, we expect Data Center and I&D revenues to continue to lead our growth. With the exceptional first half bookings, we are positioned for a strong second half. Additionally, we expect to see momentum from our Telecom segment as we enter our fiscal 2027 due to the anticipated timing of LEO space production programs and associated revenues. We believe our growth strategy of strengthening our core technologies and expanding our product portfolio around 3 central themes: Highest power, highest frequency and highest data rate, is working. We believe we are establishing ourselves as a differentiated strategic supplier to our customers. Next, I'll quickly summarize progress on our 5 goals for FY '26, wh...

Macom Technology beat estimates for its fiscal second quarter and with its guidance for the current quarter. MTSI stock jumped.

Interested in MACOM Technology Solutions Holdings, Inc.? Here are five stocks we like better. Q2 results: MACOM reported revenue of $289 million and adjusted EPS of $1.09, backed by a record backlog and a 1.5-to-1 book-to-bill as management said the quarter included the company's largest-ever bookings. Margins and cash strength: Adjusted gross margin improved to 58.5% (adjusted operating margin 27.8% with ~30% expected next quarter), operating cash flow was about $78.7 million with the company on track for >$300 million for fiscal 2026 and a net cash position of roughly $325 million after convertible note repayments. Positive outlook and guidance: MACOM raised its fiscal 2026 data-center growth "base case" to over 60% driven by 800G/1.6T demand and expects strong 1.6T deployments, while guiding Q3 revenue of $331–339 million and adjusted EPS of $1.31–1.37. Find the Next NVIDIA With This Semiconductor ETF MACOM Technology Solutions (NASDAQ:MTSI) reported fiscal second-quarter 2026 revenue of $289 million and adjusted earnings per diluted share of $1.09, supported by what management described as strong demand across its three end markets and a record backlog. President and CEO Steve Daly said sequential performance improved “across most key metrics” including gross and operating margins, while CFO Jack Kober said the company delivered “multiple new quarterly records” and its “largest quarterly bookings in the company’s history.” → Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30% MACOM Tech Stock is a 5G Rollout and Integration Semiconductor Play Daly said all three end markets grew sequentially in the quarter, with revenue of $120.7 million in Industrial and Defense (I&D), $98.2 million in data center, and $70.1 million in telecom. Data center revenue rose about 14.5% sequentially, while telecom increased 3% and I&D increased 2.5%. Daly said both I&D and data center revenues reached record levels. MACOM’s book-to-bill ratio was 1.5-to-1 in the quarter, which Daly and Kober both highlighted as a record level of bookings. Daly added that 18% of total revenue came from orders “booked and shipped within the quarter.” In response to a question about the duration of orders, Daly said the strongest portion of new orders was in the data center, but “all three markets had a very strong booking event,” and that the 1.5 book-to-bill reflects orders delive...

Performance was driven by record demand in Data Center and Industrial & Defense (I&D) markets, resulting in a record 1.5:1 book-to-bill ratio. Data Center growth is being propelled by the 1.6T deployment cycle and expansion of the photonics portfolio, specifically 800G and 1.6T PAM4 products. Management attributes gross margin expansion to improved utilization at the Lowell and North Carolina fabs, alongside yield enhancements and cost reduction initiatives. The company is establishing a 'differentiated strategic supplier' status by focusing on three central themes: highest power, highest frequency, and highest data rate. Strategic positioning in the Defense market is strengthening due to a shift toward domestic sourcing and the rapid deployment of advanced electronic warfare and radar systems. Operational agility and internal manufacturing capabilities are cited as key competitive advantages against larger competitors with more resources. Management raised the fiscal 2026 Data Center revenue growth base case from 35%-40% to over 60% based on strong 1.6T demand. Guidance for Q3 assumes approximately 35% sequential growth in Data Center and nearly 10% growth in Industrial & Defense. The company expects to exit fiscal 2026 with adjusted gross margins closer to 60%, up from the previous target of 59%. Telecom momentum is expected to accelerate in fiscal 2027, driven by the anticipated timing of LEO space production programs. Capital expenditure is projected at $55 million to $65 million for FY26, focusing on incremental capacity within existing facilities rather than new fab construction. MACOM announced a GBP 45 million strategic investment in IQE to secure long-term supply of epitaxial services for indium phosphide and silicon carbide technologies. The company retired $161 million of its 2026 convertible notes during the quarter to further deleverage the balance sheet. Management flagged that CW laser contributions are likely a fiscal 2027 or 2028 event due to the rigorous reliability qualification cycles required by hyperscalers. The 40-nanometer GaN technology licensed from HRL is being transferred to MACOM's internal fab to enable high-capacity satellite links. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management noted that while higher volume and...

M/A-Com (MTSI) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.00%. A quarter ago, it was expected that this chipmaker would post earnings of $0.99 per share when it actually produced earnings of $1.02, delivering a surprise of +3.03%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. M/A-Com, which belongs to the Zacks Semiconductor - Analog and Mixed industry, posted revenues of $288.96 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.35%. This compares to year-ago revenues of $235.89 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. M/A-Com shares have added about 80.9% since the beginning of the year versus the S&P 500's gain of 7.6%. While M/A-Com has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for M/A-Com was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks...

MACOM Technology Solutions Holdings, Inc. MTSI reported second-quarter fiscal 2026 earnings of $1.09 per share, which beat the Zacks Consensus Estimate of $1.07. The bottom line grew 28.2% year over year. MACOM Technology’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 1.8%. MTSI posted revenues of $289 million in the second quarter of fiscal 2026, surpassing the Zacks Consensus Estimate by 1.4%. The top line increased 22.5% year over year. MACOM Technology Solutions Holdings, Inc. price-consensus-eps-surprise-chart | MACOM Technology Solutions Holdings, Inc. Quote For the second quarter of fiscal 2026, MACOM’s adjusted gross margin was 58.5% compared with 57.5% in the prior-year quarter. Adjusted operating income came in at $80.5 million, up from $59.8 million reported in the year-ago period. As a percentage of revenues, the adjusted operating income came in at 27.8%, up 240 basis points from the year-ago quarter. Non-GAAP operating expenses were $88.6 million, up 16.8% year over year. As a percentage of revenues, non-GAAP operating expenses came in at 30.7%, contracting 140 basis points from the prior-year period. As of April 3, 2026, cash equivalents and short-term investments totaled $664.9 million, down from $768.5 million in the prior quarter. Long-term debt was $340.2 million compared with $339.9 million in the previous quarter. For the second quarter of fiscal 2026, MTSI’s net cash flows from operating activities came in at $78.7 million. In the first half of fiscal 2026, MTSI’s operating cash flow totaled $121.6 million. For the third quarter of fiscal 2026, MACOM Technology expects revenues between $331 million and $339 million. The Zacks Consensus Estimate for third-quarter fiscal 2026 revenues is pegged at $297.3 million, indicating year-over-year growth of 17.9%. The company anticipates adjusted earnings per share between $1.31 and $1.37. The Zacks Consensus Estimate for earnings is pinned at $1.12 per share, indicating growth of 24.4% year over year. Currently, MTSI carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Zacks Computer and Technology sector are Arista Networks ANET, Advanced Energy AEIS and Amphenol APH, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Shares of Arista N...