MACOM Technology Solutions Holdings (NASDAQ:MTSI) Full Year 2024 Results

Key Financial Results

• Revenue: US$729.6m (up 13% from FY 2023).

• Net income: US$76.9m (down 16% from FY 2023).

• Profit margin: 11% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses.

• EPS: US$1.07 (down from US$1.29 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

MACOM Technology Solutions Holdings EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%.

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Semiconductor industry in the US.

Performance of the American Semiconductor industry.

The company's shares are up 22% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on MACOM Technology Solutions Holdings' balance sheet.

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