Benzinga | Apr 29, 2021 07:56AM EDT

MACOM Sees Q3 Adj. EPS $0.52-$0.56 vs $0.48 Est., Sales $150M-$154M vs $151.75M Est.

Business Outlook

For the fiscal third quarter ending July 2, 2021, MACOM expects revenue to be in the range of $150 million to $154 million. Adjusted gross margin is expected to be between 58% and 60%, and adjusted earnings per share is expected to be between $0.52 and $0.56 on an anticipated 71.0 million fully diluted shares outstanding.