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LOWELL, Mass. - MACOM Technology Solutions Holdings, Inc. (Nasdaq:MTSI), a semiconductor company with a market capitalization of $9.5 billion, announced that Director Susan Ocampo will retire from the company’s Board of Directors effective August 31, 2025.
Ocampo has served on the board since August 2010, joining after she and her late husband John Ocampo acquired the semiconductor company in 2009. During her 15-year tenure, she has been involved in the company’s development and strategic direction. The company has shown strong momentum, with InvestingPro data showing revenue growth of 32.6% in the last twelve months and 12 analysts revising their earnings estimates upward for the upcoming period.
"On behalf of the entire Board and management team, I want to express our gratitude for all of Susan’s contributions," said Stephen G. Daly, President, Chief Executive Officer and Chair of the Board at MACOM, in a press release statement.
MACOM designs and manufactures semiconductor products for the Industrial and Defense, Data Center and Telecommunications industries. The company serves over 6,000 customers annually with a portfolio that includes RF, Microwave, Analog and Mixed Signal, and Optical semiconductor technologies. With a healthy current ratio of 3.56 and moderate debt levels, InvestingPro analysis indicates strong financial stability. Get access to 10+ additional exclusive ProTips and comprehensive financial metrics with an InvestingPro subscription.
The Lowell, Massachusetts-headquartered company operates facilities across the United States, Europe, and Asia. MACOM has achieved several certifications including IATF16949 automotive standard, AS9100D aerospace standard, ISO9001 international quality standard, and ISO14001 environmental management standard.
The company did not announce a replacement for Ocampo’s board position in its statement.
In other recent news, MACOM Technology Solutions reported its fiscal third-quarter 2025 earnings, meeting analysts’ expectations for earnings per share (EPS) and exceeding revenue forecasts. The company posted an EPS of $0.90, aligning with projections, while revenue reached $252.1 million, surpassing the anticipated $248.85 million. These results reflect a positive revenue performance for MACOM despite the stock’s decline. Additionally, Evercore ISI raised its price target for MACOM to $158 from $146, maintaining an Outperform rating. This adjustment follows an analysis of the company’s performance, which showed earnings results that met or slightly beat expectations. These recent developments highlight significant financial activity and analyst interest in MACOM Technology Solutions.
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