Thomas Hwang Joins M/A-COM Technology Solutions Holdings, Inc. as Senior Vice President of Global Sales
Aug 5 14
M/A-COM Technology Solutions Holdings, Inc. announced that Thomas Hwang has agreed to join the company as senior vice president of global sales. Mr. Hwang spent the last 10-plus years at Hittite Microwave Corporation in a variety of positions including VP of sales, and helped grow that company's annual revenues from $30 million to $274 million prior to its acquisition by Analog Devices, Inc., earlier this year.
M/A-COM Technology Solutions Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended July 4, 2014; Provides Earnings Guidance for Fourth Quarter Ending October 3, 2014
Jul 29 14
M/A-COM Technology Solutions Holdings, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended July 4, 2014. For the quarter, the company reported revenue of $112,364,000 against $83,477,000 a year ago. Income from operations was $7,339,000 against $8,856,000 a year ago. Income before income taxes was $286,000 against $9,849,000 a year ago. Income from continuing operations was $1,183,000 or $0.02 per diluted share against $6,980,000 or $0.15 per diluted share a year ago. Net income was $1,183,000 or $0.02 per diluted share against $6,980,000 or $0.15 per diluted share a year ago.
For the nine months, the company reported revenue of $304,345,000 against $238,396,000 a year ago. Loss from operations was $22,465,000 against income from operations of $27,296,000 a year ago. Loss before income taxes was $33,423,000 against income before income taxes of 24,938,000 a year ago. Loss from continuing operations was $25,255,000 or $0.54 per diluted share against income from continuing operations of $6,980,000 or $0.35 per diluted share a year ago. Net income was $29,860,000 or $0.64 per diluted share against $16,456,000 or $0.35 per diluted share a year ago. Net cash from operating activities was $9,730,000 against $29,433,000 a year ago. Purchases of property and equipment was $10,279,000 against $7,171,000 a year ago. Acquisition of intellectual property was $5,088,000.
For the fiscal fourth quarter ending October 3, 2014, the company expects another quarter of solid growth with revenue expected to be in the range of $112 to $116 million, which would be roughly 5 to 9% sequential growth after adjusting for the sale of the CPE business. Non-GAAP gross margin is expected to be between 50 and 53%, and non-GAAP earnings per diluted share between 31 and 34 cents on an anticipated 49 million shares outstanding, net of an expected $0.03 per share dilutive effect of the refinancing of MACOM's outstanding long-term indebtedness described above.
M/A-Com Technology Solutions Holdings, Inc. Presents at Oppenheimer 17th Annual Technology, Internet & Communications Conference, Aug-12-2014 11:45 AM
Jul 23 14
M/A-Com Technology Solutions Holdings, Inc. Presents at Oppenheimer 17th Annual Technology, Internet & Communications Conference, Aug-12-2014 11:45 AM. Venue: Four Seasons Hotel, 200 Boylston Street, Boston, MA 02116, United States. Speakers: Robert J. McMullan, Chief Financial Officer and Senior Vice President.
M/A-COM Technology Solutions Inc. Launches Power Handling L-Band SMT Limiter
Jul 16 14
M/A-COM Technology Solutions Inc. announced a new 200 W CW power L-Band limiter that boasts four times the power handling than the nearest competing alternative. The MADL-011014 boasts 0.35 dB insertion loss and 19 dBm flat leakage power at +55dBm and is offered in a low RGA, fully hermetic package with a compact 10.1mm x 6.2mm x 3.2mm outline. The MADL-011014 is a high power limiter that is ideally suited to the most demanding applications which require high peak and CW power receive protection in Air Traffic Management and Radar systems. The passive, fully matched limiter operates over the 1-2 GHz bandwidth and integrates the equivalent of 19 discrete diode and passive components into a single packaged solution. The device features 200 CW power handling and up to a 1000 W of peak power handling under 300 us and 10% duty cycle pulse conditions. The MADL-011014 boasts 0.35 dB insertion loss and 19 dBm flat leakage power at +55dBm and is offered in a low RGA, fully hermetic package with a compact 10.1mm x 6.2mm x 3.2mm outline.
M/A-COM Technology Solutions Inc. Announces New 2-Way 90 Degree Power Splitter
Jul 14 14
M/A-COM Technology Solutions Inc. announced a new 2-way 90 degree Power Splitter ideally suited for CATV, Broadband and FTTx applications. The MAPD-011018 is for customers who need a stable and durable power splitter for CATV, Broadband and FTTx applications. The device is both 260ºC reflow compatible and surface mountable making it simple and easy to use. Though this power splitter operates from 5-250 MHz, its best performance is between 5-85 MHz with a phase balance of 90 º +/- 3º. The MAPD-011018 has an insertion loss of 1.2 dB and 1.5 dB and an isolation of 19.4 dB and 17.9 dB to provide low power loss and high signal separation. Furthermore, this device distributes power through both ports very evenly, due to an amplitude balance of 0.4 dB and 0.2 dB. This power splitter has excellent temperature stability and a maximum power input of 24dB altogether providing a power splitter solution optimized for demanding conditions and applications.