Semtech (SMTC) Tops Q1 EPS by 3c, Offers Q2 Guidance

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Semtech Announces First Quarter of Fiscal Year 2017 Results

June 1, 2016 4:30 PM EDT

Quarterly Net Sales of $131.1 Million, Up 11 Percent Sequentially     GAAP EPS of $0.11, Up $0.09 or 450 Percent SequentiallyNon-GAAP EPS of $0.30, Up $0.13 or 76 Percent Sequentially    

           CAMARILLO, Calif., June 01, 2016 (GLOBE NEWSWIRE) -- Semtech Corporation (Nasdaq: SMTC), a leading supplier of analog and mixed-signal semiconductors, today reported unaudited financial results for its first quarter of fiscal year 2017, which ended May 1, 2016.  

Net sales for the first quarter of fiscal year 2017 were $131.1 million, up 11 percent from the fourth quarter of fiscal year 2016 and up 1... More