Network chips maker MACOM Technology Solutions (NASDAQ: MTSI) will be reporting earnings this Thursday before the bell. Here’s what to expect.
MACOM beat analysts’ revenue expectations by 1% last quarter, reporting revenues of $252.1 million, up 32.3% year on year. It was a satisfactory quarter for the company, with revenue guidance for next quarter topping analysts’ expectations but a slight miss of analysts’ adjusted operating income estimates.
Is MACOM a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting MACOM’s revenue to grow 29.6% year on year to $260.1 million, slowing from the 33.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.93 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. MACOM has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 1% on average.
Looking at MACOM’s peers in the analog semiconductors segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Skyworks Solutions delivered year-on-year revenue growth of 7.3%, beating analysts’ expectations by 5.4%, and Impinj reported flat revenue, topping estimates by 3.6%. Impinj traded down 15% following the results.
Read our full analysis of Skyworks Solutions’s results here and Impinj’s results here.
Questions about potential tariffs and corporate tax changes have caused much volatility in 2025. While some of the analog semiconductors stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.1% on average over the last month. MACOM is up 8.2% during the same time and is heading into earnings with an average analyst price target of $149.33 (compared to the current share price of $142.46).
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