MACOM jumps after Q2 beat and sharply higher Q3 revenue, EPS guidance
MTSI•MACOM reported fiscal Q2 results and issued Q3 guidance on May 7, 2026. Q3 revenue guidance of $331–$339 million and EPS guidance of $1.31–$1.37 came in well above consensus expectations, driving the stock higher.
1) What happened today (May 7, 2026)
MACOM Technology Solutions (MTSI) released fiscal second-quarter results and provided forward guidance dated May 7, 2026. The company posted Q2 EPS of $1.09 on revenue of $289 million and followed with Q3 guidance that materially exceeded Street expectations. (streetinsider.com)
2) Why the stock moved
The key same-day catalyst was the guidance surprise: MACOM guided Q3 EPS to $1.31–$1.37 versus a $1.15 consensus and guided Q3 revenue to $331–$339 million versus a roughly $300 million consensus. That magnitude of guidance upside is consistent with a sharp re-rating move like the +13% price reaction described. (streetinsider.com)
3) What to watch next
Investors will focus on whether the higher Q3 outlook reflects sustainable demand (and backlog strength) or a one-quarter timing benefit, and whether gross margin/operating leverage holds as revenue scales. Additional color from the earnings call and any updates to longer-term targets could determine whether today’s move consolidates or retraces. (sec.gov)
