Semtech Corp (SMTC) Tops Q3 EPS by 6c, Offers Q4 Guidance, Raises Buyback Plan by $50M
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/21/2026
- Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment
- Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges
- Tesla stock up as automotive gross margin improves, free cash flow turns positive
- SpaceX, Tesla shares rise after Musk says committees exploring possible merger
- Brent falls as Iran's president discusses mediation with Pakistani army chief
Tweet
Share
E-mailGet Alerts SMTC Hot Sheet
Price: $141.63 +3.99%
Revenue Growth %: +54.0%
Financial Fact:
Income before taxes: 36.52M
Today's EPS Names:
FNLC, LSBK, OVLY, More
Revenue Growth %: +54.0%
Financial Fact:
Income before taxes: 36.52M
Today's EPS Names:
FNLC, LSBK, OVLY, More
Join SI Premium – FREE
Semtech Corp (NASDAQ: SMTC) reported Q3 EPS of $0.52, $0.06 better than the analyst estimate of $0.46. Revenue for the quarter came in at $124 million versus the consensus estimate of $123.03 million.
Semtech Corp sees Q4 2011 EPS of $0.27-$0.33, versus the consensus of $0.43. Semtech Corp sees Q4 2011 revenue of $102-$108 million, versus the consensus of $117.71 million.
The company also announced that its Board of Directors approved increasing the existing stock repurchase authorization by $50 million. Prior to the increase, the company had $20 million remaining in the authorization implemented in March 2008 and amended in August 2011.
Semtech Corp sees Q4 2011 EPS of $0.27-$0.33, versus the consensus of $0.43. Semtech Corp sees Q4 2011 revenue of $102-$108 million, versus the consensus of $117.71 million.
The company also announced that its Board of Directors approved increasing the existing stock repurchase authorization by $50 million. Prior to the increase, the company had $20 million remaining in the authorization implemented in March 2008 and amended in August 2011.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Integra LifeSciences (IART) Tops Q3 EPS by 3c; offers guidance
- Northland Upgrades Semtech Corp. (SMTC) to Outperform Following Last Week Downgrade
- Medpace Holdings (MEDP) Tops Q3 EPS by 40c; offers guidance
Create E-mail Alert Related Categories
Earnings, Guidance, Stock BuybacksRelated Entities
Stock BuybackSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
