Semtech (SMTC) Tops Q1 EPS by 3c, Revs Miss
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May 31, 2017 4:30 PM EDT
CAMARILLO, Calif., May 31, 2017 (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 2018, which ended April 30, 2017.  Net sales computed in accordance with U.S. generally accepted accounting principles (GAAP), were $143.8 million, after being reduced by $5.3 million of share-based compensation associated with the previously-announced issuance of a Warrant to Comcast. Excluding the offset associated with the Warrant, net sales were $149.1 million (non-GAAP net sales).
Highlights for the First Fiscal Quarter... More
