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MACOM Technology Solutions Holdings Inc (MTSI.OQ)

MTSI.OQ on NASDAQ Stock Exchange Global Select Market

31.70USD
14 Dec 2017
Change (% chg)

$0.16 (+0.51%)
Prev Close
$31.54
Open
$31.54
Day's High
$32.50
Day's Low
$31.49
Volume
172,522
Avg. Vol
310,567
52-wk High
$65.96
52-wk Low
$29.74

Latest Key Developments (Source: Significant Developments)

MACOM reports Q4 adjusted earnings per share $0.46
Tuesday, 14 Nov 2017 04:05pm EST 

Nov 14 (Reuters) - Macom Technology Solutions Holdings Inc ::MACOM reports fiscal fourth quarter and fiscal year 2017 financial results.Q4 adjusted earnings per share $0.46.Q4 loss per share $0.21 from continuing operations.Sees Q1 2018 revenue $130 million to $136 million.Q4 revenue $166.4 million versus I/B/E/S view $170.1 million.Q4 earnings per share view $0.46 -- Thomson Reuters I/B/E/S.MACOM Technology Solutions Holdings - Sees ‍Q1 2018 adjusted EPS between $0.10 and $0.16​.  Full Article

Ameriprise Financial reports 11.48 percent passive stake in Macom Technology
Thursday, 9 Nov 2017 06:22pm EST 

Nov 9 (Reuters) - Ameriprise Financial Inc :Ameriprise Financial Inc reports 11.48 percent passive stake in Macom Technology Solutions Holdings as of Oct 31, 2017 - SEC filing​.  Full Article

MACOM ANNOUNCES SUCCESSFUL DIVESTITURE OF APPLIEDMICRO'S COMPUTE BUSINESS
Friday, 27 Oct 2017 09:15am EDT 

Oct 27 (Reuters) - Macom Technology Solutions Holdings Inc ::MACOM ANNOUNCES SUCCESSFUL DIVESTITURE OF APPLIEDMICRO’S COMPUTE BUSINESS.UNDER TERMS OF SALE, MACOM WILL BE ISSUED A MINORITY EQUITY OWNERSHIP INTEREST IN NEWCO​.‍EQUITY FOR CARLYLE'S INVESTMENT CAME FROM CARLYLE PARTNERS VI​.ENTERED INTO DEAL TO SELL COMPUTE BUSINESS IT ACQUIRED IN APPLIEDMICRO ACQUISITION TO PROJECT DENVER HOLDINGS.‍DIVESTMENT TO AN AFFILIATE OF CARLYLE GROUP IN EXCHANGE FOR A MINORITY EQUITY STAKE IN VENTURE​.‍ENTERED AGREEMENT TO SELL COMPUTE BUSINESS IT ACQUIRED IN APPLIEDMICRO ACQUISITION TO PROJECT DENVER HOLDINGS LLC​.  Full Article

Macom Q3 loss per share $0.22 from continuing operations
Tuesday, 1 Aug 2017 04:05pm EDT 

Aug 1 (Reuters) - Macom Technology Solutions Holdings Inc :Macom reports fiscal third quarter 2017 financial results.Q3 adjusted earnings per share $0.67.Sees Q4 2017 revenue $165 million to $174 million.Q3 revenue $194.6 million versus i/b/e/s view $195.9 million.Q3 loss per share $0.22 from continuing operations.Q3 earnings per share view $0.69 -- Thomson Reuters I/B/E/S.Sees Q4 2017 adjusted earnings per share $0.45 to $0.50.Q4 earnings per share view $0.76, revenue view $204.9 million -- Thomson Reuters I/B/E/S.  Full Article

Macom Technology enters into two amendments to its credit agreement
Friday, 19 May 2017 04:21pm EDT 

May 19 (Reuters) - Macom Technology Solutions Holdings Inc :On May 19, 2017, co entered into two amendments to its credit agreement dated as of May 8, 2014.Pursuant to second refinancing amendment, co's existing term B loans were refinanced with new tranche of term B loans.New tranche of term B loans will mature seven years from amendment date and bear interest at reduced interest rate.Pursuant to second incremental term loan amendment, co incurred $100 million of incremental term B loans.Incremental term B loans were issued with an original issue discount of 0.50%.  Full Article

Macom Technology Solutions reports Q3 loss from continuing operations $2.21/shr
Tuesday, 25 Apr 2017 04:05pm EDT 

April 25 (Reuters) - Macom Technology Solutions Holdings Inc :Macom reports fiscal second quarter 2017 financial results.Q2 adjusted earnings per share $0.63.Sees Q3 2017 revenue $194 million to $198 million.Q2 revenue $186.1 million versus I/B/E/S view $182.8 million.Q2 earnings per share view $0.61 -- Thomson Reuters I/B/E/S.Qtrly loss per share from continuing operations $2.21.Sees Q3 adjusted earnings per share between $0.67 and $0.71.Q3 adjusted gross margin is expected to be between 58% and 61%.Q3 earnings per share view $0.69, revenue view $196.2 million -- Thomson Reuters I/B/E/S.  Full Article

Macom Technology Solutions amends its credit agreement
Monday, 13 Mar 2017 04:19pm EDT 

Macom Technology Solutions Holdings Inc : Macom Technology Solutions Holdings Inc on March 10 co entered into three amendments to its credit agreement dated as of may 8, 2014 - sec filing .Macom Technology-pursuant to second incremental amendment increased revolving credit commitments available under credit facility by $30 million to $160 million.  Full Article

Infineon says Macom has not won patent lawsuit
Tuesday, 20 Dec 2016 11:39am EST 

Infineon Technologies AG says : Corrects misstatements made by Macom Technology Solutions . Contrary to press releases by Macom, the court has made no decision that Infineon has "acted improperly in trying to operate in Macom's exclusive field." . Infineon says lawsuit between Infineon Technologies AG, its subsidiary Infineon Technologies Americas Corp., and Macom Technology Solutions Holdings, Inc., is still in its early stages . The court has made no decision on the merits. Macom has neither won the case nor is settlement imminent . Macom had been willfully infringing patents owned by Infineon Americas by operating outside the scope of a license agreement. Macom admitted to the infringement but rejected Infineon America’s offer to broaden the license agreement to cover the infringement. Infineon Americas therefore terminated Macom's license in March 2016. . Macom then filed a complaint in the United States District Court for the Central District of California in Los Angeles. While no decision has been made on the merits, the court dismissed claims in Macom's second attempt at a complaint in October 2016.  Full Article

Macom announces early termination of Hart-Scott-Rodino antitrust review
Tuesday, 13 Dec 2016 04:05pm EST 

Macom Technology Solutions Holdings Inc : Continue to expect that transaction will close in first calendar quarter of 2017 .Macom announces early termination of Hart-Scott-Rodino antitrust review.  Full Article

MACOM announces definitive agreement to acquire Applied Micro
Monday, 21 Nov 2016 07:15am EST 

MACOM Technology Solutions Holdings Inc - : MACOM announces definitive agreement to acquire Applied Micro . Deal for $8.36 per share . Transaction valued at approximately $770 million . MACOM intends to divest non-strategic compute business within first 100 days of closing . Transaction valued at approximately $770 million . MACOM to benefit from over $600 million of tax net operating loss carry forwards . MACOM will assume certain equity awards held by Applied Micro employees . MACOM expects to pay cash portion of acquisition price from cash on hand . To commence tender offer to purchase each outstanding common share of Applied Micro for about $8.36 per share . MACOM intends to divest Applied Micro's compute business within 100 days from closing transaction . MACOM will continue to support compute customers and partners during the transition . Deal price consists of $3.25 in cash and 0.1089 MACOM shares per share of Applied Micro . Excluding compute business,sees deal to be accretive to non-gaap gross margin, non-gaap operating margin, non-gaap EPS in fy 2017 . Applied Micro stockholders are expected to own approximately 15% of combined company on a pro forma basis .MACOM announces definitive agreement to acquire Applied Micro.  Full Article