MACOM Technology Stock: Excellent Execution, Uncomfortable Multiple (NASDAQ:MTSI)
· seekingalpha.com
MACOM Technology rated Hold: EV/EBITDA premium, valuation suggests downside. Read here for a detailed investment analysis of MTSI stock.
MACOM's third quarter was strong on every operating line: revenue up 35.8% and accelerating, gross margin up 300 bps, operating margin up 750 bps, and Data Cent...