🟢 MACOM is trading 6% up today after revenue and EPS beat estimates

MACOM is trading 6% up now at $280.81 after fiscal third-quarter revenue beat estimates and adjusted EPS exceeded expectations.

• Revenue reached $342.2 million versus the $335.55 million estimate; adjusted EPS was $1.40 versus $1.34 expected.
• Management projected fiscal fourth-quarter revenue of $415–$425 million and adjusted EPS of $1.97–$2.03, signaling accelerating AI data-center demand and stronger profitability.
• The move is company-specific after the August 6 earnings release, with shares rising during the opening session despite generally mixed technology-market conditions.