Semtech (SMTC) Tops Q2 EPS by 2c, Revenues Beat; Offers 3Q EPS/Revenue Guidance
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Semtech Announces Second Quarter of Fiscal Year 2021 Results
August 26, 2020 4:15 PM EDTCAMARILLO, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, today reported unaudited financial results for its second quarter of fiscal year 2021, which ended July 26, 2020.
Highlights for the Second Fiscal Quarter 2021
Q2 FY2021 net sales of $143.7 million increased 8% sequentially and 5% year-over-year Q2 FY2021 GAAP EPS of $0.24 and non-GAAP EPS of $0.43 Wireless and Sensing products group net sales increased 18% sequentially, led by record net sales of LoRa® platform products Signal Integrity products group... More