Tag: 上海夜网EW

MACOM Reports Decrease in Revenue for Q2 2019

first_imgMACOM has reported a comparatively below-par financial result for the fiscal second quarter that ended March 29, 2019. The company recorded a revenue of $128.5 million, a decrease of 14.6% compared to $150.4 million in the previous year fiscal second quarter and a decrease of 14.7% compared to $150.7 million in the prior fiscal quarter. Update: Stocks on MACOM Jumped by 9% in 1 Day.Speaking on the release of the report, John Croteau, the President and CEO of MACOM, accepted that the fiscal Q2 was a challenging quarter as the magnitude of the Data Center inventory correction had been deeper and more disruptive than the company originally anticipated. However, according to John, some customers are indicating they will be exiting the quarter at more normalized inventory levels, which is a leading indicator of a recovery in the second half of the year. Despite the temporary, albeit precipitous market correction in Data Centers, the fundamental demand drivers for each of MACOM’s growth opportunities remain intact with several potentially coming to fruition simultaneously.John believes, MACOM’s recently announced joint venture with Goertek is a great example of a proactive solution to the challenge of seizing these windows of opportunity with a prudent OpEx model. The JV places the company in an even better position for success in 5G basestations, while defraying operating expenses, and at the same time, retaining substantial earnings power for the shareholders.Here are the highlights from Second Quarter Fiscal Year 2019 GAAP ResultsRevenue was $128.5 million, a decrease of 14.6% compared to $150.4 million in the previous year fiscal second quarter and a decrease of 14.7% compared to $150.7 million in the prior fiscal quarterGross profit was $57.3 million, a decrease of 12.6% compared to $65.6 million in the previous year fiscal second quarter and a decrease of 25.2% compared to $76.6 million in the prior fiscal quarterGross margin was 44.6%, compared to 43.6% in the previous year fiscal second quarter and 50.8% in the prior fiscal quarterOperating loss was $30.2 million, compared to a loss of $23.4 million in the previous year fiscal second quarter and a loss of $14.4 million in the prior fiscal quarterNet loss from continuing operations was $46.2 million, or $0.71 loss per diluted share, compared to net loss of $15.5 million, or $0.50 loss per diluted share, in the previous year fiscal second quarter and net loss of $23.4 million, or $0.44 loss per diluted share, in the prior fiscal quarterHighlights from the Second Quarter Fiscal Year 2019 Adjusted Non-GAAP ResultsAdjusted revenue, which excludes $7.0 million of revenue that was previously included as adjusted revenue in the fiscal third quarter of 2018, was $121.5 million, a decrease of 19.2% compared to $150.4 million in the previous year fiscal second quarter and a decrease of 19.4% compared to $150.7 million in the prior fiscal quarterAdjusted gross margin was 48.7%, compared to 51.6% in the previous year fiscal second quarter and 56.3% in the prior fiscal quarterAdjusted operating loss was $4.2 million, or 3.4% of revenue, compared to adjusted operating income of $15.7 million, or 10.5% of revenue, in the previous year fiscal second quarter and adjusted operating income of $21.9 million, or 14.5% of revenue, in the prior fiscal quarterAdjusted net loss was $11.6 million, or $0.18 loss per diluted share, compared to adjusted net income of $8.5 million, or $0.13 per diluted share, in the previous year fiscal second quarter and adjusted net income of $12.9 million, or $0.20 per diluted share, in the prior fiscal quarterAdjusted EBITDA was $3.4 million, compared to $23.4 million for the previous year fiscal second quarter and $29.5 million for the prior fiscal quarterFor the fiscal third quarter ending June 28, 2019, MACOM expects revenue to be in the range of $120 million to $124 million. Adjusted gross margin is expected to be between 53% and 55%, and adjusted loss per share is expected to be between $(0.08) and $(0.04) on an anticipated 66.5 million fully diluted shares outstanding.last_img read more

Man United on verge of £35m signing, as Liverpool move for Juventus star – latest gossip

first_img Transfer rumours and paper review Here’s the top transfer-related stories in Thursday’s newspapers…Manchester United are closing in on a huge £35m deal to bring Lazio star Felipe Anderson to Old Trafford. United officials have flown to Rome to complete the move. If negotiations go smoothly the Red Devils could announce the signing of the 22-year-old in the next week. (The Sun)Liverpool have made an offer for Juventus star Martin Caceres. The 28-year-old Uruguay defender is out of contract in the summer and Jurgen Klopp is keen on bolstering his defence with his signing. (Daily Star)Arsene Wenger has promised to be “busy” in the transfer window – but Arsenal fans better brace themselves for disappointment. Gunners boss Wenger has agreed a £5million deal with Swiss side Basel for Egyptian midfielder Mohamed Elneny, but is not expected to make any more signings. However, there could be an outgoing – France international full-back Mathieu Debuchy is a January target for Roma of Italy and French clubs Monaco and Lyon. (Daily Mirror)Montreal Impact are looking for a replacement for Didier Drogba as they accept he is moving closer to re-joining Chelsea. The Stamford Bridge club will have to pay compensation to Montreal with Drogba under contract. The 37-year-old is viewed as someone who will graduate into the coaching set up at Chelsea and will take his badges while helping Guus Hiddink this season. (Daily Mail)Leicester have targeted Dynamo Kiev defender Aleksandar Dragovic after the Ukraine club intimated they would sell him in January for £16million. Leicester manager Claudio Ranieri wants a centre back after instigating negotiations for the sale of Yohan Benalouane to Sampdoria. The clubs are in talks over a £7.3m deal that will involve talented young Sampdoria full-back Pedro Pereira coming the other way. (Daily Mail)Sam Allardyce is closing in on his first January signing after Lorient accepted Sunderland’s bid for the defender Lamine Koné. (Guardian)A number of of top clubs have been forced into a January transfer rethink after Paris St-Germain star Zlatan Ibrahimovic insisted he’s not up for sale. Premier League duo Manchester United and Arsenal have reportedly been targeting the 34-year-old for a deal when the transfer window reopens. But Ibrahimovic has revealed that ‘nothing is on the table’ regarding any offers over his next move and that he is happy in Paris. (Daily Star)Red-hot Watford strikers Odion Ighalo and Troy Deeney will be handed bumper pay-rises to keep them at the club. The Hornets forwards have scored 20 of the club’s 24 goals so far this season after a prolific promotion campaign in the Championship last year. (Daily Mirror)Alex Neil has confirmed that Norwich are ready to spend big in the transfer window to boost their Premier League survival bid. The Canaries have already agreed a £2.5million deal for on-loan West Ham winger Matt Jarvis, with Everton’s £8m-rated Scottish striker Steven Naismith another top target. (Daily Mirror)Southampton boss Ronald Koeman is ready to cut short the season-long loan of Queens Park Rangers’ England defender Steven Caulker. Caulker, who cost the Hoops £8million last year, has made only one Premier League start since arriving as a potential central-defensive partner to Jose Fonte. (Daily Mirror)Steve Parish has admitted Crystal Palace’s injury crisis could force them into the January transfer market. But the Eagles chairman said he will first consult with new American co-owners Joshua Harris and David Blitzer. (Daily Mirror)England midfielder Jonjo Shelvey wants to remain part of Swansea’s battle for Premier League survival, caretaker manager Alan Curtis has insisted. Shelvey has fallen out of favour at Swansea in recent weeks and been linked with a move in the January transfer window, with Crystal Palace and Newcastle reportedly keen on the 23-year-old Londoner. (Daily Mail)And here’s the latest talkSPORT.com headlines…Harry Redknapp warns Tottenham: ‘DON’T sign Saido Berahino!’ Tottenham have great opportunity to win ‘wide open’ title race, believes Harry RedknappLiverpool and Tottenham blow! Forward target Ezequiel Lavezzi will NOT leave PSG in January, claims agentWest Ham target Benfica striker Anderson Talisca in January loan dealManuel Lanzini to seal permanent West Ham switch for £7.4m, says Al-Jazira chief executiveSteven Naismith’s Everton future to be resolved ‘in the next few weeks’ amid Norwich interest, reveals Roberto Martinez 1last_img read more