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Semtech Corp (SMTC) Tops Q1 EPS by 2c, Posts Strong Q2 Guidance

May 25, 2011 4:31 PM
Semtech Corp (NASDAQ: SMTC) reported Q1 EPS of $0.45, $0.02 better than the analyst estimate of $0.43. Revenue for the quarter came in at $122.4 million versus the consensus estimate of $119.05 million.

Semtech Corp sees Q2 2011 EPS of $0.47-$0.49, versus the consensus of $0.46. Semtech Corp sees Q2 2011 revenue of $127-$131 million, versus the consensus of $124.7 million.

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Earnings Guidance