Macom sees Q4 adjusted EPS 70c-76c, consensus 72c

Sees Q4 revenue $197M-$203M, consensus $198.54M. The company said, “For the fiscal fourth quarter ending September 27, 2024, MACOM expects revenue to be in the range of $197 million to $203 million. Adjusted gross margin is expected to be between 57% and 59%, and adjusted earnings per diluted share is expected to be between $0.70 and $0.76 utilizing an anticipated non-GAAP income tax rate of 3% and 75.0 million fully diluted shares outstanding.”