Recap: MACOM Technology Solutions Q1 Earnings - MACOM Technology Solns (NASDAQ:MTSI)

MACOM Technology Solns MTSI reported its Q1 earnings results on Thursday, January 27, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

MACOM Technology Solns beat estimated earnings by 3.23%, reporting an EPS of $0.64 versus an estimate of $0.62, which did not surprise analysts.

Revenue was up $11.12 million from the same period last year.

Last quarter the company beat on EPS by $0.03, which was followed by a 1.37% drop in the share price the next day.

Here's a look at MACOM Technology Solns's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.58	0.53	0.47	0.42
EPS Actual	0.61	0.57	0.51	0.46
Revenue Estimate	155.01M	152.10M	150.06M	148.02M
Revenue Actual	155.21M	152.62M	150.58M	148.50M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.