Semtech (SMTC) Tops Q2 EPS by 2c; Guides Q3 Lower

Semtech (NASDAQ: SMTC) reported Q2 EPS of $0.87, $0.02 better than the analyst estimate of $0.85. Revenue for the quarter came in at $209.3 million versus the consensus estimate of $208.29 million.

GUIDANCE:

Semtech sees Q3 2023 EPS of $0.60-$0.66, versus the consensus of $0.90. Semtech sees Q3 2023 revenue of $170-180 million, versus the consensus of $215.61 million.

For earnings history and earnings-related data on Semtech (SMTC) click here.

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Pfizer lung cancer drug misses survival goal in Phase 3 trial
• NVE Corporation names new CEO and expands board to seven members