MACOM Technology Solutions Holdings, Inc. reported its financial results for the fiscal first quarter of 2026, with revenue at $271.6 million, a 24.5% increase from the previous year. Adjusted net income was $78.2 million, or $1.02 per diluted share, higher than the $59.5 million reported in the previous year. The company expects revenue for the fiscal second quarter to be between $281 million to $289 million.

CEO Stephen G. Daly stated that the company had a solid start to fiscal year 2026 and remains focused on executing its strategic plan. MACOM designs and manufactures high-performance semiconductor products for various industries. The company has achieved certification to several international standards and operates facilities worldwide, with headquarters in Lowell, Massachusetts.

MACOM provides investors with non-GAAP financial measures in addition to GAAP reporting. These measures exclude certain expenses like amortization, share-based compensation, and non-cash interest, among others. The company believes these measures provide insight into its ongoing performance and are used for operational analysis purposes. The reconciliation between GAAP and non-GAAP financial data is included in the supplemental financial data attached to the press release.

Read more at GlobeNewswire: MACOM Reports Fiscal First Quarter 2026 Financial Results