Market Overview

Semtech: Q3 Earnings Insights

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Shares of Semtech (NASDAQ:SMTC) were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 14.63% over the past year to $0.47, which beat the estimate of $0.46.

Revenue of $154,082,000 higher by 9.27% from the same period last year, which beat the estimate of $149,830,000.

Guidance

Semtech Sees Q1 Adj. EPS $0.45-$0.51 vs $0.45 Estimate, Sales $153M-$163M vs $149.9M Est.

Conference Call Details

Date: Dec 02, 2020

Time: 05:00 PM

ET Webcast URL: https://www.webcast-eqs.com/register/Semtechcorp20201202/en

Technicals

Company's 52-week high was at $70.08

52-week low: $26.03

Price action over last quarter: Up 13.98%

Company Description

Semtech Corp provides analog and mixed-signal semiconductor products to original equipment manufacturers and distributors. These products are found in enterprise computing, communications, high-end consumer, industrial, and other end markets. The firm's products are organized into three groups: signal integrity, which includes broadcast video products; protection, which includes products to protect electronic systems from voltage spikes; and wireless and sensing, which includes radio frequency products. A majority of the firm's revenue is generated in Asia-Pacific, with the rest coming from Europe and North America.

 

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Posted-In: Earnings