M/A-COM Technology Solutions Holdings Earnings: Everything You Must Know Now

M/A-COM Technology Solutions Holdings (NASDAQ:MTSI) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

M/A-COM Technology Solutions HoldingsĀ Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 4% to $0.24 in the quarter versus EPS of $0.25 in the year-earlier quarter.

Revenue: Rose 6.57% to $82.2 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: reported adjusted EPS income of $0.24 per share. By that measure, the company beat the mean analyst estimate of $0.23. It beat the average revenue estimate of $80.09 million.

Quoting Management: John Croteau, Chief Executive Officer of MACOM, stated, “I am pleased to report that in the third fiscal quarter we achieved sequential revenue growth with improved margins. During the quarter we also saw a surge in demand for our catalog products, driven mainly by strong sales across Aerospace & Defense, Networks and Automotive markets.”

Key Stats (on next page)…

Revenue increased 5.63% from $77.82 million in the previous quarter. EPS increased 0% from $0.24 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.26 to a profit $0.25. For the current year, the average estimate has moved up from a profit of $0.92 to a profit of $0.93 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)