MTSI Latest Report

Financial Performance Review

Based on the provided financial data, MACOM Technology (stock code: MTSI) had a total operating revenue of $218.12 million on January 3, 2025. Although there is a lack of prior data to directly calculate the year-on-year change, by analyzing other financial indicators and overall trends, its operating revenue performance can be inferred. The current total operating revenue of $218.12 million is compared to the operating revenue of $730 million in 2024 (as of September 27), indicating the company's sales performance in the market is noteworthy.

Key Financial Data

1. Operating revenue of $17.5270 million reflects the company's sales performance in the market and needs to be monitored for potential impacts from external market conditions and changes in product demand.

2. Gross profit of $11.7109 million and sales cost of $10.1013 million resulted in a high gross margin, indicating the company's ability in cost control.

3. A pre-tax loss of $16.9937 million and net loss of $16.7530 million suggest the company faced losses during the period, which may affect its future revenue growth potential.

4. Research and development expenses of $6.0369 million show the company's investment in technology and product development, which may increase its revenue in the future.

Peer Comparison

1. Industry-wide analysis: The semiconductor industry where MACOM Technology is located has been affected by market demand fluctuations in recent years, with overall operating revenue facing challenges. Intensified industry competition may lead to price decreases, affecting the revenue performance of each company. According to the latest data, the global semiconductor market is expected to grow 20.2% in 2024, mainly driven by the rapid development of AI and IoT.

2. Peer evaluation analysis: Compared to other companies in the same industry, MACOM's operating revenue may be at a lower level, especially under the pressure of the overall industry downturn. Competitors' operating revenue performance in the first quarter of 2025 is stronger, indicating that MACOM's relative performance in the market needs further improvement.

Conclusion

In summary, MACOM Technology's current operating revenue and profit performance are unsatisfactory, facing loss pressure, but its investment in research and development may lay the foundation for future growth. The overall recovery of the industry and the demand for new technologies also provide potential opportunities for the company.

Opportunities

1. Continuous R&D investment may drive the competitiveness of future products and improve operating revenue.

2. With the recovery of the global semiconductor market, MACOM has the opportunity to improve its financial performance through expanding its market share and enhancing product technology.

3. Recent significant contracts and investment plans for production facilities may drive the company's operating revenue growth.

Risks

1. The current loss status may affect investor confidence and create pressure on future financing and operations.

2. Intensified industry competition may lead to price decreases, further compressing profit margins.

3. Economic uncertainty and market demand fluctuations may negatively impact the company's sales and revenue.