MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Q3 2023 Earnings Call Transcript - Page 7 of 7 - InvestingChannel

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Q3 2023 Earnings Call Transcript

Richard Shannon: Okay, perfect. Thanks for that detail and last question for me on Data Center here. I just want to verify — I think you said, I just want to verify is all the upside here you’re seeing is on the analogue side, or are you seeing any upside coming with lasers? Obviously had some great discussion, last few quarters on what you’re thinking about your laser portfolio, but seems like it’s all analogue oriented. Can you confirm that’s what you’re seeing.

Steve Daly: I would say it’s true, the growth is coming from the analogue side, and I would characterize our fiscal ’23 as a building year for our optical products where lots of design ends and lower revenue than we had expected. So that’s been a disappointment. However, the team is making progress winning those design wins, not only at accounts here in the U.S., but also in China. And we’re also working on new laser categories, including EMLs and arrays that are — we have a lot of interest on that. So — but to your point, yes, the growth for this year, for this quarter in the Data Center is driven by analogue solutions.

Operator: Thank you. And I’m not showing any further questions in the queue at this time. I would now like to turn the call back over to Mr. Steve Daly for any closing remarks.

Steve Daly: Thank you. In closing, I would like to thank our team for their continued hard work and dedication. Have a nice day.

Operator: Ladies and gentlemen, that does conclude our conference for today. Thank you for your participation. You may now disconnect.

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