Semtech (SMTC) Misses Q3 EPS by 5c

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Go back to Semtech (SMTC) Misses Q3 EPS by 5c

Semtech Announces Third Quarter of Fiscal Year 2016 Results

November 18, 2015 4:30 PM EST

Net Sales of $115.8 Million Record Distributor Point of Sale Results of $79.4 Million GAAP Gross Profit Margin of 60.1% and 60.3% on a Non-GAAP Basis Repurchased 0.5 Million Shares for $7.5 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 third quarter of fiscal year 2016, which ended October 25, 2015.

Net sales for the third quarter of fiscal year 2016 were $115.8... More