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M/A-Com: Fiscal Q2 Earnings Snapshot

Byadmin

Apr 28, 2022

LOWELL, Mass. (AP) _ M/A-Com Technology Solutions Holdings Inc. (MTSI) on Thursday reported fiscal second-quarter profit of $29.6 million.On a per-share basis, the Lowell, Massachusetts-based company said it had profit of 42 cents. Earnings, adjusted for stock option expense and amortization costs, came to 68 cents per share.The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.The chipmaker posted revenue of $165.