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LOWELL, MA – MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI), a leader in semiconductors and related devices trading at $100.93 per share, announced the results of its 2025 Annual Meeting of Stockholders held on Tuesday. The company, which has seen its stock decline over 25% year-to-date according to InvestingPro data, maintains strong liquidity with a current ratio of 3.61. Shareholders voted on several key proposals, including the election of directors and executive compensation.
The election results confirmed all five nominees for the board of directors, who will serve until the 2026 Annual Meeting. Votes for each director ranged from 64,986,058 to 67,189,110, with Peter Chung, Geoffrey Ribar, John Ritchie, Jihye Whang Rosenband, and Murugesan “Raj” Shanmugaraj retaining their positions.
Shareholders also approved, on an advisory basis, the compensation of the company’s named executive officers for the fiscal year 2024, with 66,770,077 votes in favor. Additionally, the frequency of future advisory votes on executive compensation will be held every year, as 67,750,181 votes supported this timeframe. InvestingPro analysis reveals that while the company posted negative earnings in the last twelve months, analysts expect profitability to improve, with 9 analysts recently revising their earnings estimates upward.
Moreover, the appointment of Deloitte & Touche LLP as the company’s independent registered public accounting firm for the fiscal year ending October 3, 2025, was ratified with 70,176,856 votes in favor.
These decisions reflect shareholder confidence in MACOM’s governance and executive leadership as the company continues to advance in the semiconductor industry. The voting outcomes are based on a press release statement from the company’s SEC filing. For investors seeking deeper insights, InvestingPro offers comprehensive analysis of MACOM’s financial health, including over 15 additional ProTips and detailed valuation metrics in their exclusive Pro Research Report.
In other recent news, MACOM Technology Solutions reported its Q1 FY2025 earnings, which showed an adjusted EPS of $0.79, slightly surpassing the forecast of $0.78. Revenue also exceeded expectations, reaching $218 million compared to the projected $214.04 million. For the upcoming quarter, MACOM’s guidance projects revenue between $227 million and $233 million, with adjusted EPS expected to be between $0.82 and $0.86. Benchmark analysts maintained a Buy rating on MACOM with a $160 target, highlighting the company’s better-than-expected results and guidance for the March quarter. Despite gross margin pressures, the analysts expressed confidence in MACOM’s strategy and market positioning, emphasizing the company’s execution and diversification. MACOM is witnessing growing demand in the data center sector, projected to continue into 2025, and the telecom segment is also showing promise with expanding satellite opportunities. The company’s Industrial & Defense segment is nearing a $100 million milestone, with significant growth opportunities anticipated.
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