Semtech (SMTC) Tops Q3 EPS by 2c, Revenues Beat; Offers Q4 EPS Mid-Point Guidance Below Consensus, Q4 Revenue Outlook Below Consensus

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Go back to Semtech (SMTC) Tops Q3 EPS by 2c, Revenues Beat; Offers Q4 EPS Mid-Point Guidance Below Consensus, Q4 Revenue Outlook Below Consensus

Semtech Announces Third Quarter of Fiscal Year 2019 Results

November 28, 2018 4:15 PM EST

CAMARILLO, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog, mixed-signal semiconductors and advanced algorithms, today reported unaudited financial results for its third quarter of fiscal year 2019, which ended October 28, 2018. Net sales computed in accordance with U.S. generally accepted accounting principles (GAAP), increased 6% sequentially and 15% over the prior years period for a new quarterly record of $173.5 million.

Highlights for the Third Fiscal Quarter 2019

Record net sales for our Wireless and Sensing Products group and LoRa®-related products... More