For the fiscal second quarter ending April 4 MACOM (MTSI) expects revenue to be in the range of $227M to $233M.Adjusted gross margin is expected to be between 57% and 58%, and adjusted earnings per diluted share is expected to be between $ 82c and 86c utilizing an anticipated non-GAAP income tax rate of 3% and 76.0 million fully diluted shares outstanding. Consensus for Q2 revenue is $223.59M..
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MTSI: