Semtech Q2 Adj $0.11 Beats $0.09 Estimate, Sales $215.40M Beat $212.30M Estimate

Author: Benzinga Newsdesk | August 27, 2024 04:17pm
Semtech (NASDAQ:SMTC) reported quarterly earnings of $0.11 per share which beat the analyst consensus estimate of $0.09 by 22.22 percent. This is a 15.38 percent decrease over earnings of $0.13 per share from the same period last year. The company reported quarterly sales of $215.40 million which beat the analyst consensus estimate of $212.30 million by 1.46 percent. This is a 9.64 percent decrease over sales of $238.37 million the same period last year.

Posted In: SMTC