M/A-Com: Fiscal Q4 Earnings Snapshot

LOWELL Mass AP LOWELL Mass AP M A-Com Instrument Solutions Holdings Inc MTSI on Thursday broadcasted fiscal fourth-quarter earnings of million The Lowell Massachusetts-based company mentioned it had profit of cents per share Earnings adjusted for one-time gains and costs were cents per share The results beat Wall Street expectations The average estimate of nine analysts surveyed by Zacks Resources Research was for earnings of cents per share The chipmaker posted revenue of million in the period also topping Street forecasts Seven analysts surveyed by Zacks expected million For the year the company stated a loss of million or cents per share Revenue was disclosed as million For the current quarter ending in December M A-Com expects its per-share earnings to range from cents to The company announced it expects revenue in the range of million to million for the fiscal first quarter This story was generated by Automated Insights http automatedinsights com ap using information from Zacks Stake Research Access a Zacks stock review on MTSI at https www zacks com ap MTSI Source