Have you looked into how M/A-Com (MTSI) performed internationally during the quarter ending March 2024? Considering the widespread global presence of this chipmaker, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It has become essential for investors to comp ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 29, 2024 or Commission File Number: 001-35451 MACOM Technology Solutions Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 27-0306875 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 100 Chelmsford Street Lowell, ...

Financial Data and Key Metrics Changes - Revenue for Q2 was $181.2 million, up 15.3% sequentially, driven by growth in Industrial & Defense and Telecom end markets [21][66] - Adjusted EPS was $0.59 per diluted share, compared to $0.58 in fiscal Q1 2024 [41] - Adjusted gross profit was $103.5 million, or 57.1% of revenue, down from 59.2% in fiscal Q1 2024 [37] - Adjusted operating income was $40.2 million, up from $38.6 million in fiscal Q1 2024, with an adjusted operating margin of 22.2% [39] Business Line Data and Key Metrics Changes - Revenue by end market: Industrial and Defense at $90.9 million, Telecom at $47.2 million, and Data Center at $43.1 million [22] - Data Center revenue decreased by 12.9% sequentially, while Industrial and Defense increased by 18% and Telecom increased by 54.1% sequentially [22] - The Industrial and Defense market remains the largest and is steadily growing, with robust Defense orders but weak Industrial orders [23] Market Data and Key Metrics Changes - U.S.-based customers represented approximately 44% of fiscal Q2 revenue, flat sequentially [37] - The data center market is experiencing significant growth opportunities, particularly for 100G, 400G, and 800G optical connectivity solutions [10] - The telecom market is showing improvements, particularly in SATCOM and Metro/Long-haul segments, despite overall macro weakness [58][94] Company Strategy and Development Direction - The company aims to diversify and expand its geographic and industry exposure, focusing on high-performance IC components for Defense and data center markets [6][10] - MACOM is pursuing opportunities in 5G and adjacent applications, such as distributed antenna systems [13][14] - The company is actively engaged in securing federal funding through the CHIPS and Science Act for foundry modernization and expansion projects [16][62] Management's Comments on Operating Environment and Future Outlook - Management remains cautious about certain telecom market segments but sees numerous opportunities for growth as data speeds increase globally [14][30] - The company expects revenue in fiscal Q3 to be up sequentially across all markets, with data center leading with low double-digit growth [46] - Management anticipates modest sequential improvements in revenue and operating profit for the remainder of fiscal 2024, with long-term expectations for gross margins to trend back towards 60% [46] Other Important Information - The company was awarded a multiyear contract valued at up to $11.4 million for advancing GaN technology [17] - MACOM's cash and short-term investments totaled approximately $476 million, exceeding the book value of its convertible note debt [21][45] - Inventory levels increased to $177.8 million, driven by the acquired RF business, with inventory turns improving to 1.8 times [43] Q&A Session Summary Question: Progress on RF acquisition and gross margin improvement - Management reported outstanding customer engagements and collaboration between RF teams, with ongoing efforts to improve gross margins [48][49] Question: Telecom vs. Data Center growth expectations - Management acknowledged strong performance in the data center market but maintained that telecom is expected to outgrow data center in the long term [102] Question: Contribution from the RF acquisition - The RF business contributed approximately $30 million in Q2, aligning with expectations [129] Question: Volatility in the data center business - Management confirmed that the data center market is volatile, with growth driven by ISP orders and transitions to higher data rates [97][119] Question: Future opportunities in the ACC market - Management sees significant potential in the ACC market, emphasizing the importance of technology leadership and competition [135]

M/A-Com (MTSI) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.72%. A quarter ago, it was expected that this chipmaker would post earnings of $0.57 per share when it actually produced earnings of $0.58, delivering a surprise of 1.75%.Over the last four quarters, the company has surp ...

MACOM Reports Fiscal Second Quarter 2024 Financial Results LOWELL, MA, May 2, 2024 – MACOM Technology Solutions Holdings, Inc. ("MACOM") (Nasdaq: MTSI), a leading supplier of semiconductor products, today announced its financial results for its fiscal second quarter ended March 29, 2024. Second Quarter Fiscal Year 2024 GAAP Results Second Quarter Fiscal Year 2024 Adjusted Non-GAAP Results Management Commentary "Our engineering, sales, operations, quality and administrative teams are doing an excellent job s ...

Financial Data and Key Metrics Changes - Revenue for Q1 was $157.1 million, up 4.5% sequentially, including approximately $6 million from the RF business acquisition [18][31] - Adjusted gross profit for fiscal Q1 was $93.1 million or 59.2% of revenue, compared to 60.1% in fiscal Q4, due to the RF business acquisition [41] - Adjusted operating income in fiscal Q1 was $38.6 million, up from $37.2 million in fiscal Q4, with an adjusted operating margin of 24.5% [42] - Adjusted earnings per fully diluted share was $0.58, compared to $0.56 in fiscal Q4 [43] Business Line Data and Key Metrics Changes - Industrial and Defense (I&D) revenue was $77 million, down 3% sequentially, while Data Center revenue was $49.5 million, up 22% sequentially, and Telecom revenue was $30.6 million, flat sequentially [10] - The Data Center end-market continues to see strong demand for 100G, 400G, and 800G optical connectivity solutions, with expectations of reduced shipments in Q2 [11][12] - Telecom revenues were down approximately 50% compared to the same quarter last year, with broad-based demand weakness across major sub-segments [34] Market Data and Key Metrics Changes - Revenue from US customers represented approximately 44% of fiscal Q1 results [41] - The RF GaN market is estimated to be a $2 billion serviceable available market (SAM), expected to grow to approximately $3 billion by 2027 [38] Company Strategy and Development Direction - The company is focused on expanding its product lines, including new technologies like KV caps BAW filters and high-frequency GaN, to enhance competitiveness [5] - The acquisition of Wolfspeed's RF business is seen as a strategic move to expand the product portfolio and improve profitability [15][16] - The company aims to improve operational efficiencies and profitability within the RF business over the next 12 to 18 months [39] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding ongoing weakness in the telecom and industrial markets throughout 2024, but believes modest growth in base revenues and profits is achievable in the second half of FY 2024 [24][32] - The company anticipates I&D and Telecom revenues to increase sequentially by approximately 20% and 50%, respectively, in Q2, while Data Center revenues are expected to decline by 15% [24] Other Important Information - The company ended the quarter with approximately $463 million in cash and short-term investments [31] - Capital expenditures totaled $4.7 million for fiscal Q1, with expectations of $30 million to $35 million for the full fiscal year [22] Q&A Session Summary Question: What are the expectations for the RF business acquisition? - Management indicated that the RF business is expected to contribute modestly to earnings in Q2, with significant synergies identified post-acquisition [16][54] Question: How does the company view the telecom market? - Management noted that while the telecom market remains weak, there are positive trends in metro long-haul and SATCOM, and they are optimistic about gaining market share in the 5G space [110] Question: What is the outlook for the Data Center business? - Management acknowledged a dip in Data Center revenues but emphasized strong long-term trends and demand for higher data rates, expecting a recovery in the back half of FY 2024 [72][106]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35451 MACOM Technology Solutions Holdings, Inc. FORM 10-Q (Mark One) (Exact name of registrant as specified in its charter) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 29, 2023 Delaware 27-0306875 ( ...

Part I [Business](index=4&type=section&id=ITEM%201%3A%20BUSINESS.) MACOM designs and manufactures high-performance semiconductor products for I&D, Data Center, and Telecom, utilizing a hybrid manufacturing model and expanding through strategic acquisitions - MACOM's business focuses on designing and manufacturing semiconductor products for **Industrial and Defense (I&D)**, **Data Center**, and **Telecommunications (Telecom)** markets[15](index=15&type=chunk) - The company employs a hybrid manufacturing model, integrating internal fabrication facilities, including a **U.S. DoD-accredited 'Trusted Foundry'**, with external partners[17](index=17&type=chunk)[18](index=18&type=chunk)[19](index=19&type=chunk) - Sales to distributors constituted **24.0% of revenue in fiscal 2023**, a decline from **30.9% in 2022** and **35.0% in 2021**[41](index=41&type=chunk) - In fiscal 2023, MACOM completed the acquisitions of **Linearizer Technology, Inc.** and **OMMIC SAS (MESC Acquisition)** to enhance design expertise and expand its European presence[76](index=76&type=chunk)[77](index=77&type=chunk) - As of September 29, 2023, the company employed approximately **1,500 individuals worldwide**, with a voluntary attrition rate of about **10% in fiscal year 2023**[63](index=63&type=chunk)[66](index=66&type=chunk) [Risk Factors](index=12&type=section&id=ITEM%201A%3A%20RISK%20FACTORS.) The company faces significant risks from semiconductor industry cyclicality, supply chain vulnerabilities, intense competition, international operations, and acquisition integration challenges - The semiconductor industry is highly cyclical, facing significant downturns, rapid technological change, and price erosion that can impact revenue and profitability[82](index=82&type=chunk) - International sales comprised **51.7% of revenue in FY2023**, with sales to **China** and the **Asia Pacific region** at **20%** and **14%** of total sales, respectively, exposing the company to geopolitical and trade risks[109](index=109&type=chunk) - The company faces intense competition from major players such as **ADI**, **Broadcom**, **Qorvo**, and **Skyworks**, who may possess superior financial and technical resources[114](index=114&type=chunk)[116](index=116&type=chunk) - Acquisitions present numerous risks, including integration difficulties, potential loss of key personnel, and failure to achieve anticipated synergies[117](index=117&type=chunk)[119](index=119&type=chunk) - As of September 29, 2023, **John and Susan Ocampo** beneficially owned **23.0% of the common stock**, enabling significant influence over corporate matters[161](index=161&type=chunk) [Unresolved Staff Comments](index=26&type=section&id=ITEM%201B%3A%20UNRESOLVED%20STAFF%20COMMENTS.) The company reports no unresolved staff comments - None[168](index=168&type=chunk) [Properties](index=27&type=section&id=ITEM%202%3A%20PROPERTIES.) MACOM's primary operations are based in a leased Lowell, Massachusetts facility, supplemented by other key leased sites for R&D, manufacturing, and sales Major Leased Facilities | Site | Major Activity | Square Footage | Lease Expiration | | :--- | :--- | :--- | :--- | | Lowell, Massachusetts | A, P&F, T&A, AE, S&M and RT | 281,700 | October 2043 | | Limeil-Brévannes, France | A, P&F, T&A, S&M and RT | 164,752 | October 2024 | | Newport Beach, California | R&D, AE and S&M | 57,412 | December 2029 | | Ann Arbor, Michigan | P&F, R&D and T&A, RT | 50,335 | May 2026 | | Nashua, New Hampshire | R&D, T&A, P&F and RT | 33,750 | December 2024 | [Legal Proceedings](index=27&type=section&id=ITEM%203%3A%20LEGAL%20PROCEEDINGS.) The company is not involved in any pending legal proceedings expected to materially impact its business, financial condition, or cash flows - The company was not involved in any pending legal proceedings expected to have a material adverse effect on its business[172](index=172&type=chunk) [Mine Safety Disclosures](index=27&type=section&id=ITEM%204%3A%20MINE%20SAFETY%20DISCLOSURES.) This item is not applicable to the company - Not applicable[174](index=174&type=chunk) Part II [Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities](index=27&type=section&id=ITEM%205%3A%20MARKET%20FOR%20REGISTRANT%27S%20COMMON%20EQUITY%2C%20RELATED%20STOCKHOLDER%20MATTERS%20AND%20ISSUER%20PURCHASES%20OF%20EQUITY%20SECURITIES.) MACOM's common stock, listed on Nasdaq, significantly outperformed key indices over five years, with limited share repurchases for tax obligations - A **$100 investment** in MACOM stock on September 28, 2018, would be worth **$396.02** by September 29, 2023, outperforming the **NASDAQ Composite Index ($171.65)** and the **PHLX Semiconductor Index ($251.68)**[177](index=177&type=chunk) - In the fourth quarter of fiscal 2023, the company purchased **1,864 shares** at an average price of **$74.78 per share** solely for employee tax withholding on vested restricted stock awards, not as part of a public repurchase program[178](index=178&type=chunk)[179](index=179&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=29&type=section&id=ITEM%207%3A%20MANAGEMENT%27S%20DISCUSSION%20AND%20ANALYSIS%20OF%20FINANCIAL%20CONDITION%20AND%20RESULTS%20OF%20OPERATIONS.) Fiscal 2023 saw a 4.0% revenue decrease to **$648.4 million** due to Telecom market downturn, offset by I&D and Data Center growth, while maintaining strong liquidity for strategic acquisitions [Results of Operations](index=31&type=section&id=Results%20of%20Operations) Fiscal 2023 revenue decreased **4.0% to $648.4 million**, primarily due to a **24.1% decline in Telecom**, resulting in **$91.6 million** net income, significantly lower than prior year's **$440.0 million** due to one-time gains Financial Performance Summary (in thousands) | Metric | FY 2023 | FY 2022 | FY 2021 | | :--- | :--- | :--- | :--- | | Revenue | $648,407 | $675,170 | $606,920 | | Gross Profit | $385,797 | $406,181 | $341,855 | | Gross Margin | 59.5% | 60.2% | 56.3% | | Income from Operations | $107,400 | $132,674 | $81,002 | | Net Income | $91,577 | $439,955 | $37,973 | | Diluted EPS | $1.28 | $6.18 | $0.54 | Revenue by Market - FY2023 vs FY2022 (in thousands) | Market | FY 2023 | FY 2022 | % Change | | :--- | :--- | :--- | :--- | | Industrial & Defense | $317,128 | $294,341 | 7.7% | | Data Center | $146,982 | $138,127 | 6.4% | | Telecom | $184,297 | $242,702 | (24.1)% | | **Total** | **$648,407** | **$675,170** | **(4.0)%** | Revenue by Market - FY2022 vs FY2021 (in thousands) | Market | FY 2022 | FY 2021 | % Change | | :--- | :--- | :--- | :--- | | Telecom | $242,702 | $188,391 | 28.8% | | Industrial & Defense | $294,341 | $280,221 | 5.0% | | Data Center | $138,127 | $138,308 | (0.1)% | | **Total** | **$675,170** | **$606,920** | **11.3%** | - **FY2022 net income of $440.0 million** included a **$118.2 million gain** on an equity investment sale and a **$202.8 million tax benefit** from a valuation allowance release[202](index=202&type=chunk)[224](index=224&type=chunk)[225](index=225&type=chunk) [Liquidity and Capital Resources](index=35&type=section&id=Liquidity%20and%20Capital%20Resources) As of September 29, 2023, MACOM maintained strong liquidity with **$174.0 million** cash and **$340.6 million** short-term investments, sufficient to meet future needs including the **$75.0 million** Wolfspeed RF business acquisition Cash Flow Summary (in thousands) | Cash Flow Activity | FY 2023 | FY 2022 | | :--- | :--- | :--- | | Net cash provided by operating activities | $166,917 | $176,982 | | Net cash provided by (used in) investing activities | $36,341 | $(182,861) | | Net cash used in financing activities | $(149,020) | $(28,908) | - In August 2023, the company repaid the **$120.8 million** outstanding principal balance of its Term Loans using cash-on-hand[232](index=232&type=chunk)[234](index=234&type=chunk) - The company has a definitive agreement to acquire **Wolfspeed's RF business**, involving a **$75.0 million cash payment** expected in Q1 fiscal 2024 from available cash[235](index=235&type=chunk) Contractual Cash Obligations as of Sep 29, 2023 (in thousands) | Obligation | Total | Less Than 1 Year | 1-3 Years | 3-5 Years | More Than 5 Years | | :--- | :--- | :--- | :--- | :--- | :--- | | Long-term Debt (Principal & Interest) | $452,813 | $1,125 | $451,688 | $— | $— | | Lease Obligations (Finance & Operating) | $95,846 | $12,049 | $17,516 | $14,370 | $51,911 | | Purchase Commitments | $103,462 | $72,516 | $10,447 | $3,481 | $17,018 | | **Total** | **$652,121** | **$85,690** | **$479,651** | **$17,851** | **$68,929** | [Quantitative and Qualitative Disclosures About Market Risk](index=36&type=section&id=ITEM%207A%3A%20QUANTITATIVE%20AND%20QUALITATIVE%20DISCLOSURES%20ABOUT%20MARKET%20RISK.) The company's market risks, primarily interest rate and foreign currency, are limited due to fixed-rate debt, repaid variable loans, and U.S. dollar-denominated international agreements - Interest rate risk is limited to the company's investment portfolio, with **2026 Convertible Notes** at a fixed rate and variable-rate Term Loans fully repaid in August 2023[241](index=241&type=chunk)[242](index=242&type=chunk) - Foreign currency risk is limited as most international customer agreements are **U.S. dollar-denominated**, with a hypothetical **10% change** not expected to have a material impact[243](index=243&type=chunk) [Financial Statements and Supplementary Data](index=38&type=section&id=ITEM%208%3A%20FINANCIAL%20STATEMENTS%20AND%20SUPPLEMENTARY%20DATA.) This section presents the audited consolidated financial statements for fiscal year 2023, including balance sheets, income statements, and cash flows, with an unqualified auditor's opinion from Deloitte & Touche LLP Consolidated Balance Sheet Data (in thousands) | Account | Sep 29, 2023 | Sep 30, 2022 | | :--- | :--- | :--- | | **Assets** | | | | Cash and cash equivalents | $173,952 | $119,952 | | Short-term investments | $340,574 | $466,580 | | Total current assets | $761,193 | $813,083 | | Total assets | $1,553,244 | $1,571,817 | | **Liabilities & Equity** | | | | Total current liabilities | $83,525 | $97,214 | | Long-term debt | $447,134 | $565,920 | | Total liabilities | $605,644 | $729,069 | | Total stockholders' equity | $947,600 | $842,748 | Consolidated Statement of Operations Data (in thousands) | Account | FY 2023 | FY 2022 | FY 2021 | | :--- | :--- | :--- | :--- | | Revenue | $648,407 | $675,170 | $606,920 | | Gross profit | $385,797 | $406,181 | $341,855 | | Income from operations | $107,400 | $132,674 | $81,002 | | Net income | $91,577 | $439,955 | $37,973 | - **Deloitte & Touche LLP** identified the reserve for excess and obsolete inventory as a critical audit matter due to significant management estimates[256](index=256&type=chunk) [Controls and Procedures](index=71&type=section&id=ITEM%209A%3A%20CONTROLS%20AND%20PROCEDURES.) Management concluded that disclosure controls and internal control over financial reporting were effective as of September 29, 2023, with an unqualified audit opinion from Deloitte & Touche LLP, excluding recent acquisitions - Management concluded that disclosure controls and procedures were effective as of **September 29, 2023**[429](index=429&type=chunk) - Management's assessment found internal control over financial reporting effective, excluding **Linearizer** and **OMMIC S.A.S.** acquisitions, which represented **3.8% of total assets** and **2.3% of total revenue**[432](index=432&type=chunk)[433](index=433&type=chunk) - **Deloitte & Touche LLP** provided an unqualified audit opinion on the effectiveness of the company's internal control over financial reporting as of **September 29, 2023**[438](index=438&type=chunk) [Other Information](index=73&type=section&id=ITEM%209B%3A%20OTHER%20INFORMATION.) This section discloses the adoption of **Rule 10b5-1 trading plans** by several directors and Section 16 officers in Q4 fiscal 2023 to prearrange securities transactions - In the fourth quarter of fiscal 2023, several executive officers, including **CEO Stephen Daly** and **CFO John Kober**, adopted **Rule 10b5-1 trading plans** to manage company stock holdings[446](index=446&type=chunk)[447](index=447&type=chunk) Part III [Directors, Executive Officers and Corporate Governance](index=73&type=section&id=ITEM%2010%3A%20DIRECTORS%2C%20EXECUTIVE%20OFFICERS%20AND%20CORPORATE%20GOVERNANCE.) Information on directors, executive officers, and corporate governance is incorporated by reference from the 2024 Annual Meeting of Stockholders proxy statement - Information for this item is incorporated by reference from the definitive proxy statement for the **2024 Annual Meeting of Stockholders**[451](index=451&type=chunk) [Executive Compensation](index=73&type=section&id=ITEM%2011%3A%20EXECUTIVE%20COMPENSATION.) Executive compensation information is incorporated by reference from the 2024 Annual Meeting of Stockholders proxy statement - Information for this item is incorporated by reference from the definitive proxy statement for the **2024 Annual Meeting of Stockholders**[454](index=454&type=chunk) [Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](index=74&type=section&id=ITEM%2012%3A%20SECURITY%20OWNERSHIP%20OF%20CERTAIN%20BENEFICIAL%20OWNERS%20AND%20MANAGEMENT%20AND%20RELATED%20STOCKHOLDER%20MATTERS.) Security ownership and equity compensation plan details are incorporated by reference from the 2024 proxy statement, with **5,792,015 securities** available for future issuance Equity Compensation Plan Information as of September 29, 2023 | Plan Category | Securities to be issued upon exercise of outstanding options, warrants and rights | Weighted-average exercise price of outstanding options, warrants and rights | Number of securities remaining available for future issuance | | :--- | :--- | :--- | :--- | | Equity Compensation Plans Approved by Security Holders | 15,000 | $16.06 | 5,792,015 | | Equity Compensation Plans Not Approved by Security Holders | — | — | — | | **Total** | **15,000** | **$16.06** | **5,792,015** | [Certain Relationships and Related Transactions, and Director Independence](index=74&type=section&id=ITEM%2013%3A%20CERTAIN%20RELATIONSHIPS%20AND%20RELATED%20TRANSACTIONS%2C%20AND%20DIRECTOR%20INDEPENDENCE.) Information on related party transactions and director independence is incorporated by reference from the 2024 Annual Meeting of Stockholders proxy statement - Information for this item is incorporated by reference from the definitive proxy statement for the **2024 Annual Meeting of Stockholders**[458](index=458&type=chunk) [Principal Accounting Fees and Services](index=74&type=section&id=ITEM%2014%3A%20PRINCIPAL%20ACCOUNTING%20FEES%20AND%20SERVICES.) Details on principal accounting fees and services are incorporated by reference from the 2024 Annual Meeting of Stockholders proxy statement - Information for this item is incorporated by reference from the definitive proxy statement for the **2024 Annual Meeting of Stockholders**[459](index=459&type=chunk) Part IV [Exhibits, Financial Statement Schedules](index=75&type=section&id=ITEM%2015%3A%20EXHIBITS%2C%20FINANCIAL%20STATEMENT%20SCHEDULES.) This section lists all financial statements from Item 8 and provides a comprehensive list of exhibits filed with the Form 10-K, including key corporate documents - This section lists all financial statements and exhibits filed as part of the **Annual Report on Form 10-K**[461](index=461&type=chunk)[462](index=462&type=chunk) [Form 10-K Summary](index=79&type=section&id=ITEM%2016%3A%20FORM%2010-K%20SUMMARY) The company indicates that no Form 10-K summary is provided - None[468](index=468&type=chunk)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 or FORM 10-Q ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 Securities registered pursuant to Section 12(b) of the Act: | Title of each class Trading Symbol(s) | Name of exchange on which registered | | --- | --- | | ...

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Q2 2023 Results Conference Call May 4, 2023 8:30 AM ET Company Participants Steve Ferranti - VP, Strategic Initiatives and IR Steve Daly - President and CEO Jack Kober - CFO Conference Call Participants Matt Ramsay - Cowen Tom O’Malley - Barclays Harsh Kumar - Piper Sandler Quinn Bolton - Needham & Company Tore Svanberg - Stifel David Williams - Benchmark Karl Ackerman - BNP Paribas Operator Welcome to MACOM’s Second Fiscal Quarter 2023 Conference Call ...