Semtech (SMTC) Tops Q1 EPS by 10c; Issues Mixed Outlook

Semtech (NASDAQ: SMTC) reported Q1 EPS of $0.02, $0.10 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $236.5 million versus the consensus estimate of $235.1 million.

GUIDANCE:

Semtech sees Q2 2024 EPS of ($0.02)-$0.06, versus the consensus of ($0.02). Semtech sees Q2 2024 revenue of $233-234 million, versus the consensus of $242.66 million.

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

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