MACOM Technology Solns (NASDAQ: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.

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Earnings

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.

Past Earnings Performance

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:

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