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MACOM Technology Solutions (NASDAQ:MTSI) Issues Earnings Results
['Tristan Rich']
Markets Daily
MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) posted its earnings results on Thursday.
Here are the key takeaways from MACOM Technology Solutions’ conference call:Get MACOM Technology Solutions alerts:Record demand and bookings drove Q3 revenue of $342.2 million, up 35.8% year over year, with a record 1.6-to-1 book-to-bill ratio and growth across all three end markets.
MACOM Technology Solutions Stock Up 14.3%Shares of MTSI stock traded up $37.69 during trading on Thursday, reaching $301.15.
MACOM Technology Solutions Company Profile(Get Free Report)MACOM Technology Solutions is a semiconductor company specializing in high-performance analog, microwave, millimeter-wave and photonic semiconductor solutions.
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