Semtech Announces Third Quarter of Fiscal Year 2020 Results
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Semtech (SMTC) Tops Q3 EPS by 1c, Revenues Beat; Offers Q4 EPS Mid-Point Guidance Below Consensus
December 4, 2019 4:20 PM ESTSemtech (NASDAQ: SMTC) reported Q3 EPS of $0.41, $0.01 better than the analyst estimate of $0.40. Revenue for the quarter came in at $141 million versus the consensus estimate of $140.41 million.
Results on a Non-GAAP basis for the Third Fiscal Quarter 2020 (see the list of non-GAAP items and the reconciliation of these to the most relevant GAAP items set forth in the tables below):
Non-GAAP Gross margin was... More