Semtech (SMTC) Reports In-Line Q2 EPS, Q3 Guidance Falls Short

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Go back to Semtech (SMTC) Reports In-Line Q2 EPS, Q3 Guidance Falls Short

Semtech Announces Second Quarter of Fiscal Year 2016 Results

August 19, 2015 4:30 PM EDT

Net Sales of $125.7 Million GAAP Gross Profit Margin of 60.1% and 60.4% on a Non-GAAP Basis Cash Flow From Operations increased 132% Sequentially Repurchased 1.46 Million Shares for $29.8 Million

CAMARILLO, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a leading supplier of analog and mixed-signal semiconductors, today reported unaudited financial results for its second quarter of fiscal year 2016, which ended July 26, 2015.

Net sales for the second quarter of fiscal year 2016 were $125.7 million, down 3 percent... More