Shares of Semtech 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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