Macom technology solutions holdings, inc. (MTSI)
Income statement / Quarterly
Apr'20Jan'20Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Jun'11Mar'11
Revenue

126,424

119,097

112,248

108,306

128,465

150,689

151,187

137,872

150,414

130,925

166,381

194,555

186,084

151,752

152,697

142,288

133,579

115,774

112,564

109,058

102,431

96,556

34,844

112,364

107,827

84,154

5,369

83,477

78,843

75,014

75,696

77,125

77,480

73,035

78,700

77,884

Cost of revenue

63,054

60,893

59,323

74,478

71,135

74,064

80,205

89,703

84,813

69,971

79,485

101,926

117,220

73,257

70,893

68,326

68,054

55,456

55,603

56,562

55,717

49,137

6,703

62,150

80,964

48,432

-3,227

47,973

46,010

42,749

44,941

41,721

40,931

41,620

44,582

45,639

Gross profit

63,370

58,204

52,925

33,828

57,330

76,625

70,982

48,169

65,601

60,954

86,896

92,629

68,864

78,495

81,804

73,962

65,525

60,318

56,961

52,496

46,714

47,419

28,141

50,214

26,863

35,722

8,596

35,504

32,833

32,265

30,755

35,404

36,549

31,415

34,118

32,245

Operating expenses:
Research and development

35,830

35,158

34,875

42,708

42,361

43,525

46,226

48,240

41,596

41,651

39,398

38,729

39,685

30,174

30,109

26,064

26,203

25,322

22,002

20,965

20,439

18,782

17,764

20,810

20,347

12,430

9,339

12,139

11,204

9,823

8,895

9,193

8,773

9,891

9,463

8,356

Selling, general and administrative

31,994

32,340

26,849

41,920

41,998

42,519

42,281

42,471

39,287

37,634

42,397

46,666

62,327

36,496

40,264

35,866

34,617

34,686

29,963

26,592

28,247

25,228

16,641

22,065

24,504

19,383

20,325

13,449

13,289

10,867

12,664

10,706

11,040

11,278

11,824

12,556

Impairment charges

-

-

-

264,086

-

-

-

0

6,575

-

-

0

0

-

-

760

11,005

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-405

-172

4,899

101

-1,247

169

365

198

Restructuring charges

815

1,234

2,496

8,887

3,182

4,978

-38

102

1,539

4,662

402

586

469

1,287

1,365

1,092

851

157

-

558

413

-

-902

0

2,635

13,090

-

1,060

-

0

276

0

0

1,586

127

357

Total operating expenses

68,639

68,732

64,920

357,601

87,541

91,022

88,469

90,813

88,997

83,947

86,549

85,981

102,481

67,957

71,738

63,782

72,676

60,165

52,274

48,115

49,099

44,010

33,503

42,875

47,486

44,903

30,241

26,648

24,088

20,518

18,890

20,000

18,566

22,924

21,779

21,467

Loss from operations

-5,269

-10,528

-11,995

-323,773

-30,211

-14,397

-17,487

-42,644

-23,396

-22,993

347

6,648

-33,617

10,538

10,066

10,180

-7,151

153

4,687

4,381

-2,385

3,409

-5,362

7,339

-20,623

-9,181

-21,645

8,856

8,745

11,747

11,865

15,404

17,983

8,491

12,339

10,778

Other expense:
Fair Value Adjustment of Warrants

-8,600

4,100

5,020

-1,927

1,607

-5,500

-2,705

6,728

-17,015

-14,608

-13,959

9,085

2,573

4,823

12,691

-15,339

4,201

14,878

-9,651

-546

5,609

10,608

-1,638

2,782

4,066

-1,282

2,277

-1,060

1,069

2,026

-5,966

-3,198

7,447

-1,458

7,291

2,950

Accretion of Class B conversion liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

57,739

-13,620

39,631

17,420

Interest expense, net

7,672

8,621

8,661

8,967

9,402

8,773

8,090

8,039

7,970

7,239

6,953

7,178

7,374

7,350

5,310

4,363

4,408

4,346

4,425

4,505

4,723

4,723

4,529

5,625

1,622

586

201

190

200

226

150

161

203

181

135

87

Other expense, net

-4,352

-3,740

-3,507

4,777

-4,440

-4,569

-3,610

-37,281

-4,139

7

-3

-1,139

-898

-4

4

16

-81

100

130

-225

-1,376

375

776

1,354

1,009

78

79

123

86

84

-

91

-

-

-

-

Total other expense net

-3,377

-16,448

-17,191

-2,263

-15,449

-7,874

-8,949

-52,048

4,906

7,376

7,003

-17,402

-10,845

-12,177

-17,997

10,992

-8,690

-19,124

5,356

-4,184

-11,708

-14,956

-2,115

-7,053

-4,679

774

-2,399

993

-1,183

-2,168

5,910

3,128

-65,389

14,897

-47,057

-20,457

Loss before income taxes

-8,646

-26,976

-29,233

-326,036

-45,660

-22,271

-26,401

-94,692

-18,490

-15,617

7,355

-10,754

-44,462

-1,639

-7,931

21,172

-15,841

-18,971

10,043

197

-14,093

-11,547

-7,477

286

-25,302

-8,407

-24,044

9,849

7,562

9,579

17,775

18,532

-47,406

23,388

-34,718

-9,679

Income tax expense

1,600

1,400

-39,633

-1,322

500

1,100

-10,320

-9,482

-3,024

1,353

7,351

3,223

89,805

532

-11,805

-181

-3,796

-2,201

-3,798

-1,559

-2,917

-1,584

-7,918

-897

-5,680

-1,591

-8,199

2,869

2,142

3,471

3,465

4,987

6,155

1,346

7,184

-1,376

Loss from continuing operations

-

-

-

-324,714

-

-

-16,116

-85,210

-15,466

-16,970

-1

-13,977

-134,267

-2,171

3,874

21,353

-12,045

-16,770

13,841

1,756

-11,176

-9,963

441

1,183

-19,622

-6,816

-15,845

6,980

5,420

6,108

-

-

-

-

-41,902

-8,303

Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-

-

-

0

-

-

-378

-220

-18

-5,599

-10,719

-13,700

4,136

1,206

1,228

1,199

1,396

1,199

40,564

6,271

3,639

3,657

14,096

0

-2,500

-2,105

-

-

-

0

-

-

-

-

1,887

-1,454

Net Income (Loss) Attributable to Parent

-10,226

-28,362

10,516

-324,714

-46,204

-23,396

-16,494

-85,430

-15,484

-22,569

-10,720

-27,677

-130,131

-965

5,102

22,552

-10,649

-15,571

54,405

8,027

-7,537

-6,306

-

1,183

-22,122

-

-312

6,980

5,420

6,108

14,310

13,545

-53,561

22,042

-40,015

-9,757

Accretion to redemption value of redeemable preferred stock and participating stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-19,917

41

1,201

21,291

-1,364

77,555

Loss attributable to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,921

-

-

-

-

34,227

13,504

-54,762

751

-41,379

-87,312

Net loss per share:
Earnings Per Share, Basic [Abstract]
Loss from continuing operations (in USD per share)

-

-

-

-4.93

-

-

-0.26

-1.31

-0.24

-0.26

-0.01

-0.22

-2.21

-0.04

0.08

0.40

-0.23

-0.32

0.29

0.03

-0.22

-0.21

0.01

0.03

-0.42

-0.15

-0.34

0.15

0.12

0.13

-

-

-

-

-26.17

-

Loss from discontinued operations (in USD per share)

-

-

-

0.00

-

-

-0.01

0.00

0.00

-0.09

-0.19

-0.21

0.07

0.02

0.02

0.02

0.03

0.02

0.79

0.12

0.07

0.08

0.30

0.00

-0.05

-0.05

-

-

-

0.00

-

-

-

-

1.14

-

Loss per share - basic

-0.15

-0.43

0.16

-4.93

-0.71

-0.36

-0.25

-1.32

-0.24

-0.35

-0.20

-0.43

-2.14

-0.02

0.10

0.42

-0.20

-0.29

1.08

0.15

-0.15

-0.13

0.30

0.03

-0.47

-0.19

0.00

0.15

0.12

0.13

7.04

0.30

-8.02

0.43

-25.03

-

Earnings Per Share, Diluted [Abstract]
Loss from continuing operations (in USD per share)

-

-

-

-4.95

-

-

-0.17

-1.31

-0.50

-0.49

-0.01

-0.22

-2.21

-0.04

0.37

0.11

-0.23

-0.32

0.30

0.02

-0.22

-0.21

0.02

0.02

-0.42

-0.15

-0.33

0.15

0.11

0.13

-

-

-

-

-26.17

-

Loss from discontinued operations (in USD per share)

-

-

-

0.00

-

-

-0.01

0.00

0.00

-0.09

-0.19

-0.21

0.07

0.02

0.02

0.02

0.03

0.02

0.80

0.11

0.07

0.08

0.30

0.00

-0.05

-0.05

-

-

-

0.00

-

-

-

-

1.14

-

Loss per share - diluted

-0.28

-0.43

0.26

-4.95

-0.71

-0.44

-0.18

-1.32

-0.50

-0.57

-0.20

-0.43

-2.14

-0.02

0.39

0.13

-0.20

-0.29

1.09

0.14

-0.15

-0.13

0.31

0.02

-0.47

-0.19

0.00

0.15

0.11

0.13

7.28

0.29

-8.02

0.20

-25.03

-

Weighted Average Number of Shares Outstanding, Basic

66,522

66,240

66,078

65,858

65,531

65,277

65,170

64,920

64,549

64,325

64,247

64,019

60,813

53,737

53,697

53,516

53,228

53,015

53,287

53,098

50,593

47,606

47,431

47,280

46,808

46,517

46,298

46,066

45,789

45,511

45,296

45,160

6,829

1,747

1,653

-

Weighted Average Number of Shares Outstanding, Diluted

67,085

66,240

65,824

65,945

65,531

65,444

66,083

64,920

65,132

65,109

64,247

64,019

60,813

53,737

51,925

55,288

53,228

53,015

51,211

55,174

50,593

47,606

46,187

48,524

46,808

46,517

47,289

47,221

47,168

46,870

41,186

47,264

6,829

3,753

1,653

-

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-55.50

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.94

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-56.44

Shares used to compute net loss per common share - basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,547