Semtech (SMTC) Tops Q3 EPS by 1c, Offers Q4 Guidance

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Go back to Semtech (SMTC) Tops Q3 EPS by 1c, Offers Q4 Guidance

Semtech Announces Third Quarter of Fiscal Year 2021 Results

December 2, 2020 4:20 PM EST

CAMARILLO, 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 third quarter of fiscal year 2021, which ended October 25, 2020.

Highlights for the Third Fiscal Quarter 2021

Q3 FY2021 net sales of $154.1 million increased 7% sequentially and 9% year-over-year Q3 FY2021 diluted GAAP EPS of $0.28 and diluted non-GAAP EPS of $0.47 Distributor Point of Sale (POS) increased 8% sequentially and represented a new quarterly record Wireless and Sensing products... More