Stock Track | MACOM Technology Solutions Soars 5.05% Intraday on Strong Q1 Earnings Beat and Upbeat Q2 Guidance

Stock Track02-06

MACOM Technology Solutions Holdings, Inc. (MTSI) saw its stock price surge 5.05% during intraday trading on Thursday, driven by the company's release of better-than-expected fiscal first quarter 2026 results and optimistic guidance for the current quarter.

The semiconductor supplier reported quarterly adjusted earnings of $1.02 per share, beating the analyst consensus estimate of $0.98. Revenue for the quarter came in at $271.612 million, also surpassing expectations and representing a 24.5% increase compared to the same period last year. The company's gross margin improved to 55.9% from 53.7% year-over-year, indicating stronger operational efficiency.

Further fueling investor optimism, MACOM provided guidance for its fiscal second quarter ending April 3, 2026, forecasting revenue between $281 million and $289 million, which exceeds the analyst consensus of $275.7 million. The company also expects adjusted earnings per share in the range of $1.05 to $1.09, topping the $1.03 estimate. CEO Stephen G. Daly emphasized the company's focus on executing its strategic plan and providing differentiated solutions, contributing to the positive market sentiment.

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