Latest news with #MACOM
Yahoo
12-06-2025
- Business
- Yahoo
MACOM IMS 2025 Product Preview
LOWELL, Mass., June 12, 2025 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Inc. ('MACOM'), a leading supplier of semiconductor products, announced a new suite of high performance RF solutions designed to meet the demanding requirements of advanced radar systems. Many of these solutions will be demonstrated in MACOM's Booth 943 at the upcoming International Microwave Symposium (IMS) on June 17 to 19, 2025 in San Francisco, CA. S-Band (2 – 4 GHz): High Power GaN-on-SiC AmplifiersA new family of 65 V, 50-ohm input and output amplifiers designed for radar applications is now available. Operating over the 2.7 – 3.8 GHz range, these amplifiers can deliver output power up to 800 W. The full portfolio of 65 V S-Band radar products includes the MAPC-A4029, MAPC-A4030, MAPC-A4031 and MAPC-A4032. C-Band (4 – 8 GHz): High Power GaN-on-SiC AmplifierThe MAPC-A4003-AB is a 700 W GaN-on-SiC Power Amplifier (PA). Leveraging MACOM's GaN-on-SiC process technology, the 50-ohm PA is designed to be a compact 700 W solution for 5.2 – 5.9 GHz radar applications. High Efficiency GaN-on-SiC MMIC AmplifierThe WSA4501S is a high efficiency GaN MMIC and ideal for large radar arrays. The 50 W GaN-on-SiC MMIC PA features 57% power added efficiency (PAE). It supports radar customers' evolving needs for longer pulse conditions, with capabilities of up to 500 µsec and 20% duty cycle from 5.2 – 5.9 GHz. X-Band (8 – 12 GHz): Compact 1 kW Amplifier PalletThe MAPC-P1060 is a 1 kW Pulsed PA Pallet offering 52 dB of gain and 30% efficiency, making it ideal for high power microwave systems and radar applications in X-Band frequencies. The pallet integrates MACOM's power management ICs (PMICs) for bias sequencing and temperature compensation. Highly Integrated Front End ModuleThe WSM5000S Front End Module (FEM) features a GaN-on-SiC power amplifier, GaN-on-SiC switch, and a GaAs low noise amplifier (LNA) with an integrated limiter. In transmit mode, it provides up to 5 W of saturated output power with 40% PAE and 32 dB of gain. The receive side can provide 16 dB of gain with a 2.5 dB of noise figure and 21 dBm OIP3. The integrated limiter provides receive side protection. Ku-Band (12 – 18 GHz): High Power GaN-on-SiC MMICThe CMPA1F1H060 Ku-Band GaN-on-SiC MMIC offers high output power and efficiency. It can provide can up to 80 W of saturated output power with 25 dB of large signal gain and 35% power added efficiency (PAE) in pulsed operation. It is available in multiple formats, including bare die, surface mount QFN and flange. RF and Microwave High Power Passives MACOM is expanding its passives product portfolio to address applications which require power handling of more than 100 W. The first offerings of the family include the MABA-011164 1:1 RF Transmission Line Transformer and ENGPD00322A-SM Wideband Power Divider. Information about these new RF solutions can also be found at About MACOMMACOM designs and manufactures high-performance semiconductor products for the Telecommunications, Industrial and Defense, and Data Center industries. MACOM services over 6,000 customers annually with a broad product portfolio that incorporates RF, Microwave, Analog and Mixed Signal and Optical semiconductor technologies. MACOM has achieved certification to the IATF16949 automotive standard, the AS9100D aerospace standard, the ISO9001 international quality standard and the ISO14001 environmental management standard. MACOM operates facilities across the United States, Europe, Asia and is headquartered in Lowell, Massachusetts. To learn more, visit Company Contact:MACOM Technology Solutions FerrantiVice President, Corporate Development and Investor RelationsP: 978-656-2977E:
Yahoo
10-06-2025
- Business
- Yahoo
MTSI Q2 Earnings Call: Broad-Based Growth and Product Innovation Drive Revenue Outlook
Network chips maker MACOM Technology Solutions (NASDAQ: MTSI) beat Wall Street's revenue expectations in Q1 CY2025, with sales up 30.2% year on year to $235.9 million. On top of that, next quarter's revenue guidance ($250 million at the midpoint) was surprisingly good and 5.7% above what analysts were expecting. Its non-GAAP profit of $0.85 per share was in line with analysts' consensus estimates. Is now the time to buy MTSI? Find out in our full research report (it's free). Revenue: $235.9 million vs analyst estimates of $230 million (30.2% year-on-year growth, 2.6% beat) Adjusted EPS: $0.85 vs analyst estimates of $0.84 (in line) Revenue Guidance for Q2 CY2025 is $250 million at the midpoint, above analyst estimates of $236.6 million Adjusted EPS guidance for Q2 CY2025 is $0.89 at the midpoint, above analyst estimates of $0.87 Operating Margin: 14.8%, up from 8.5% in the same quarter last year Inventory Days Outstanding: 181, up from 179 in the previous quarter Market Capitalization: $9.3 billion MACOM's second quarter results were shaped by expansion in its three core end markets: Industrial & Defense, Data Center, and Telecom. Management attributed much of the year-over-year growth to increased demand for higher-frequency and higher-power solutions, particularly in defense radar, satellite communication, and data center upgrades. CEO Stephen Daly highlighted that, 'Our I&D and Data Center quarterly revenues achieved record levels,' and pointed to the company's ability to win new design opportunities as a key factor. The ramp of new products, including 200G photodetectors and high-power optical amplifiers, contributed meaningfully to these outcomes, while telecom saw a rebound as inventory levels normalized and new platform deployments advanced. Looking ahead, MACOM's management expects continued sequential revenue growth across all end markets, with Industrial & Defense projected to lead. Daly noted, 'We anticipate that Industrial & Defense will lead with approximately 10% sequential growth followed by Data Center at 5% sequential growth and telecom slightly up sequentially.' The company's outlook is supported by a record backlog and ongoing customer demand for data center upgrades and next-generation satellite systems. However, leadership remains cautious about forecasting beyond the upcoming quarter, emphasizing market volatility in the data center segment and the importance of ongoing innovation and execution. The upcoming transfer of the Wolfspeed RF fab is also positioned as a potential driver for future margin improvements, though some uncertainty remains around the pace of gross margin recovery. Management attributed strong quarterly growth to market share gains from new products, robust defense and data center demand, and improved order trends in telecom. Product innovation and strategic investments in R&D were highlighted as central to these results. Defense and radar demand: The Industrial & Defense segment benefited from ongoing upgrades in U.S. and international defense systems, including radar, electronic warfare, and communications. MACOM's expertise in high-frequency, high-power semiconductors positioned it well for new program wins and increased market share. Data center technology upgrades: The Data Center business saw sustained expansion, driven by adoption of higher-speed data rates (such as 100G per lane and 800G platforms) and the ratification of linear pluggable optics (LPO) standards. Management noted early customer adoption and highlighted the introduction of 200G photodetectors as key contributors. Telecom rebound aided by SATCOM: Improved telecom results were linked to recovering demand in 5G infrastructure, broadband access, and satellite communications (SATCOM). Management cited new design wins in both ground and space-based satellite systems, and significant progress on a large multi-phase SATCOM contract. Product and process innovation: MACOM launched the Opto-Amp optical amplifier for satellite links and continued developing advanced RF and photonics processes, such as the next-generation GaN on Silicon Carbide. Ongoing investment in proprietary semiconductor technologies and collaborations with research labs were emphasized as core to the company's competitive strategy. Wolfspeed RF fab integration: The transition of the Wolfspeed RF business and associated fabrication facility is ahead of schedule. Management expects this to enhance capacity and support growth, though achieving gross margin targets will depend on further improvements in yields and throughput after the transfer. MACOM's outlook centers on continued demand for defense and data center solutions, ongoing product innovation, and operational execution as the Wolfspeed fab integration progresses. Industrial & Defense momentum: Management anticipates double-digit sequential growth in Industrial & Defense, underpinned by expanding European defense exposure and new radar program wins. The company's recent acquisition of a European wafer fab is enabling deeper customer relationships and technology transfers, broadening its opportunity set in this segment. Data center volatility and opportunity: While expecting near-term growth in data center demand, management flagged volatility as a risk, citing rapid ramps and declines across platforms and customers. The company is focused on maintaining a broad product portfolio and is closely monitoring adoption of new standards like LPO to capture emerging opportunities. Wolfspeed fab transition impact: The ongoing Wolfspeed RF fab integration is expected to support higher capacity and long-term margin improvement. Management noted that achieving targeted gross margins will require further operational improvements post-transfer, with the financial benefits expected to materialize over several quarters. In the coming quarters, the StockStory team will be monitoring (1) the execution of the Wolfspeed RF fab transfer and its impact on gross margins, (2) momentum in Industrial & Defense as new radar and European defense contracts progress, and (3) continued adoption of MACOM's data center solutions amid ongoing market volatility. Progress on new product ramps and visibility into major customer wins will also serve as key signposts for the company's trajectory. MACOM currently trades at a forward P/E ratio of 33.3×. Should you double down or take your chips? The answer lies in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-06-2025
- Automotive
- Yahoo
MACOM IMS 2025 Product Preview
LOWELL, Mass., June 10, 2025 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Inc. ('MACOM'), a leading supplier of semiconductor products, today announced availability of a wideband front end module (FEM) covering 2 to 18 GHz. Ideal for electronic countermeasures (ECM) and phased array radar applications, the miniature multi-chip ENGSD00088 Transmit/Receive Module integrates a high power 3-stage Gallium Nitride (GaN) Power Amplifier (PA), a 3-stage Gallium Arsenide (GaAs) Low Noise Amplifier (LNA) and a transmit/receive (T/R) switch with a fail-safe antenna termination, all within a compact package. The transmit path delivers 2.5 W typical saturated output power with power added efficiency (PAE) of 24%, along with 25 dB of large signal gain. The receive side provides 27 dB of gain with a low noise figure of 3.5 dB and 26 dBm output third order intercept point (OIP3). The receive channel can handle input powers up to +20 dBm with an option to add a limiter for additional protection input power handling. Ideally suited for wideband phased array architectures, the ENGSD00088 offers high gain in both transmit and receive modes, minimizes board space and simplifies system design, while its high performance allows mission-critical reliability. The FEM will be on display at MACOM's Booth 943 at the upcoming International Microwave Symposium (IMS) in San Francisco, CA from June 17 to 19, 2025. Additionally, information and sample requests are available here. About MACOMMACOM designs and manufactures high-performance semiconductor products for the Telecommunications, Industrial and Defense, and Data Center industries. MACOM services over 6,000 customers annually with a broad product portfolio that incorporates RF, Microwave, Analog and Mixed Signal and Optical semiconductor technologies. MACOM has achieved certification to the IATF16949 automotive standard, the AS9100D aerospace standard, the ISO9001 international quality standard and the ISO14001 environmental management standard. MACOM operates facilities across the United States, Europe, Asia and is headquartered in Lowell, Massachusetts. To learn more, visit Company Contact:MACOM Technology Solutions FerrantiVice President, Corporate Development and Investor RelationsP: 978-656-2977E:
Globe and Mail
13-05-2025
- Business
- Globe and Mail
Analysts Offer Insights on Technology Companies: Lyft (LYFT), MACOM Technology Solutions Holdings (MTSI) and RingCentral (RNG)
Analysts have been eager to weigh in on the Technology sector with new ratings on Lyft (LYFT – Research Report), MACOM Technology Solutions Holdings (MTSI – Research Report) and RingCentral (RNG – Research Report). Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Lyft (LYFT) Evercore ISI analyst Mark Mahaney maintained a Hold rating on Lyft on May 9 and set a price target of $15.00. The company's shares closed last Friday at $16.65. According to Mahaney is a 5-star analyst with an average return of 15.4% and a 55.5% success rate. Mahaney covers the Technology sector, focusing on stocks such as WEBTOON Entertainment Inc, Uber Technologies, and Trade Desk. ;'> Lyft has an analyst consensus of Hold, with a price target consensus of $16.02, implying a 9.3% upside from current levels. In a report issued on May 9, Roth MKM also maintained a Hold rating on the stock with a $16.00 price target. MACOM Technology Solutions Holdings (MTSI) In a report issued on May 9, Mark Lipacis from Evercore ISI maintained a Buy rating on MACOM Technology Solutions Holdings, with a price target of $146.00. The company's shares closed last Friday at $118.08. According to Lipacis is a top 100 analyst with an average return of 20.7% and a 59.9% success rate. Lipacis covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Allegro MicroSystems, and GlobalFoundries Inc. ;'> MACOM Technology Solutions Holdings has an analyst consensus of Strong Buy, with a price target consensus of $141.11, a 16.9% upside from current levels. In a report issued on May 8, Needham also maintained a Buy rating on the stock with a $150.00 price target. RingCentral (RNG) In a report issued on May 9, Peter Levine from Evercore ISI maintained a Hold rating on RingCentral, with a price target of $30.00. The company's shares closed last Friday at $27.72, close to its 52-week low of $25.47. According to Levine is a 4-star analyst with an average return of 12.2% and a 55.8% success rate. Levine covers the Technology sector, focusing on stocks such as Zoom Video Communications, CrowdStrike Holdings, and Palo Alto Networks. ;'> The word on The Street in general, suggests a Moderate Buy analyst consensus rating for RingCentral with a $33.31 average price target, a 24.1% upside from current levels. In a report issued on May 8, Morgan Stanley also maintained a Hold rating on the stock with a $29.00 price target.
Yahoo
08-05-2025
- Business
- Yahoo
MACOM (NASDAQ:MTSI) Beats Q1 Sales Targets, Stock Soars
Network chips maker MACOM Technology Solutions (NASDAQ: MTSI) beat Wall Street's revenue expectations in Q1 CY2025, with sales up 30.2% year on year to $235.9 million. On top of that, next quarter's revenue guidance ($250 million at the midpoint) was surprisingly good and 5.7% above what analysts were expecting. Its non-GAAP profit of $0.85 per share was in line with analysts' consensus estimates. Is now the time to buy MACOM? Find out in our full research report. Revenue: $235.9 million vs analyst estimates of $230 million (30.2% year-on-year growth, 2.6% beat) Adjusted EPS: $0.85 vs analyst estimates of $0.84 (in line) Adjusted EBITDA: $66.61 million vs analyst estimates of $67.8 million (28.2% margin, 1.8% miss) Revenue Guidance for Q2 CY2025 is $250 million at the midpoint, above analyst estimates of $236.6 million Adjusted EPS guidance for Q2 CY2025 is $0.89 at the midpoint, above analyst estimates of $0.87 Operating Margin: 14.8%, up from 8.5% in the same quarter last year Free Cash Flow Margin: 12.9%, up from 7.2% in the same quarter last year Inventory Days Outstanding: 180, up from 179 in the previous quarter Market Capitalization: $8.43 billion Founded in the 1950s as Microwave Associates, a communications supplier to the US Army Signal Corp, today MACOM Technology Solutions (NASDAQ: MTSI) is a provider of analog chips used in optical, wireless, and satellite networks. Reviewing a company's long-term sales performance reveals insights into its quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Luckily, MACOM's sales grew at an impressive 12.6% compounded annual growth rate over the last five years. Its growth beat the average semiconductor company and shows its offerings resonate with customers, a helpful starting point for our analysis. Semiconductors are a cyclical industry, and long-term investors should be prepared for periods of high growth followed by periods of revenue contractions. We at StockStory place the most emphasis on long-term growth, but within semiconductors, a half-decade historical view may miss new demand cycles or industry trends like AI. MACOM's annualized revenue growth of 9.9% over the last two years is below its five-year trend, but we still think the results suggest healthy demand. This quarter, MACOM reported wonderful year-on-year revenue growth of 30.2%, and its $235.9 million of revenue exceeded Wall Street's estimates by 2.6%. Beyond the beat, this marks 5 straight quarters of growth, implying that MACOM is in the middle of its cycle - a typical upcycle generally lasts 8-10 quarters. Company management is currently guiding for a 31.2% year-on-year increase in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 16.3% over the next 12 months, an improvement versus the last two years. This projection is commendable and indicates its newer products and services will fuel better top-line performance. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Days Inventory Outstanding (DIO) is an important metric for chipmakers, as it reflects a business' capital intensity and the cyclical nature of semiconductor supply and demand. In a tight supply environment, inventories tend to be stable, allowing chipmakers to exert pricing power. Steadily increasing DIO can be a warning sign that demand is weak, and if inventories continue to rise, the company may have to downsize production. This quarter, MACOM's DIO came in at 180, which is 23 days above its five-year average, suggesting that the company's inventory has grown to higher levels than we've seen in the past. It was great to see MACOM's revenue guidance for next quarter top analysts' expectations. We were also happy its revenue outperformed Wall Street's estimates. Overall, we think this was a solid quarter with some key areas of upside. The stock traded up 7.1% to $121.50 immediately following the results. Sure, MACOM had a solid quarter, but if we look at the bigger picture, is this stock a buy? We think that the latest quarter is just one piece of the longer-term business quality puzzle. Quality, when combined with valuation, can help determine if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free.
