MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) saw its stock soar 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 Q2 adjusted earnings per share of $0.85, surpassing the analyst consensus estimate of $0.84 and marking a substantial 44.07% increase from $0.59 in the same period last year. Revenue for the quarter reached $235.89 million, beating the analyst estimate of $229.51 million and representing a 30.16% year-over-year growth.
Adding to the positive sentiment, MACOM provided a strong outlook for its fiscal third quarter. The company expects Q3 adjusted EPS to be between $0.87 and $0.91, with revenue projected in the range of $246 million to $254 million. Both figures exceed current analyst expectations, signaling continued growth and profitability for the firm. The robust financial performance and optimistic future guidance have likely fueled investor enthusiasm, driving the stock's pre-market rally.
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