MACOM Technology Solutions Q3 earnings beat estimates, raises Q4 guidance

MACOM Technology Solutions just did what it does best: make analysts look like they weren’t optimistic enough. The semiconductor company reported fiscal Q3 2026 results that topped consensus estimates on both earnings and revenue, then followed up by raising its guidance for Q4. The company had guided for Q3 revenues in the range of $331 million to $339 million, with adjusted EPS between $1.31 and $1.37. Analysts had clustered their estimates around $1.34 to $1.35 per share on roughly $335 million in revenue. MACOM cleared both bars, extending a run of consistent outperformance that has become something of a calling card for the Lowell, Massachusetts-based firm. Growth that actually means something Revenue growth clocked in at approximately 33% compared to the same quarter last year, when the company posted $252 million. That’s a meaningful acceleration from Q2 2026, where revenue hit $289 million for a 22.5% year-over-year increase. On the earnings side, the projected EPS of around $1.34 to $1.35 represents a nearly 49% jump from the prior year’s comparable quarter. In Q2, adjusted EPS came in at $1.09, which itself beat consensus by $0.02. The adjusted gross margin guidance of 59...