MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) posted its earnings results on Thursday. The semiconductor company reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.39 by $0.03, reports. MACOM Technology Solutions had a return on equity of 19.48% and a net margin of 45.32%. The business had revenue of $148.52 million for the quarter, compared to analyst estimates of $147.05 million. MACOM Technology Solutions updated its Q4 guidance to $0.53-0.

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