MACOM Technology Solutions Holdings, Inc. (MTSI) shares surged 7.17% in pre-market trading on Thursday, following the release of its impressive fiscal second-quarter 2025 financial results and optimistic third-quarter guidance.
The semiconductor company reported quarterly earnings of $0.85 per share, surpassing the analyst consensus estimate of $0.84 by 1.19%. This represents a significant 44.07% increase from $0.59 per share in the same period last year. MACOM's quarterly sales reached $235.89 million, beating the analyst consensus estimate of $229.51 million by 2.78% and marking a robust 30.16% year-over-year growth from $181.23 million.
Adding to the positive sentiment, MACOM provided an upbeat outlook for its fiscal third quarter. The company expects adjusted earnings per share to be between $0.87 and $0.91, with revenue projected in the range of $246 million to $254 million. Both forecasts exceed current analyst expectations, further fueling investor optimism. The strong financial performance and promising guidance suggest that MACOM is well-positioned to capitalize on the growing demand in the semiconductor industry, driving the stock's pre-market rally.