MACOM Reports Fiscal Second Quarter 2025 Financial Results

Financial Performance - MACOM reported revenue of $235.9 million for the fiscal second quarter of 2025, representing a 30.2% increase year-over-year from $181.2 million and an 8.1% increase from the previous quarter's revenue of $218.1 million [10] - The gross margin for the quarter was 55.2%, up from 52.5% in the same quarter last year and 53.7% in the prior quarter [10] - Income from operations was $34.9 million, or 14.8% of revenue, compared to $15.4 million (8.5% of revenue) in the same quarter last year and $17.5 million (8.0% of revenue) in the prior quarter [10] - Net income for the quarter was $31.7 million, or $0.42 per diluted share, compared to a net income of $15.0 million ($0.20 per diluted share) in the same quarter last year and a net loss of $167.5 million ($2.30 loss per diluted share) in the prior quarter [10][24] Business Outlook - For the fiscal third quarter ending July 4, 2025, MACOM expects revenue to be in the range of $246 million to $254 million, with an adjusted gross margin expected between 56.5% and 58.5% [4] - Adjusted earnings per diluted share are anticipated to be between $0.87 and $0.91, utilizing a non-GAAP income tax rate of 3% and 76.5 million fully diluted shares outstanding [4] Company Overview - MACOM Technology Solutions Holdings, Inc. designs and manufactures high-performance semiconductor products for various industries, including Industrial and Defense, Data Center, and Telecommunications [6] - The company services over 6,000 customers annually and has a broad product portfolio that includes RF, Microwave, Analog, Mixed Signal, and Optical semiconductor technologies [6] - MACOM has achieved certifications for automotive, aerospace, and international quality standards, and operates facilities across the United States, Europe, and Asia [6]