Semtech (SMTC) Tops Q2 EPS by 10c, Beats on Revenue; Offers Q3 Guidance

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Go back to Semtech (SMTC) Tops Q2 EPS by 10c, Beats on Revenue; Offers Q3 Guidance

Semtech Announces Second Quarter of Fiscal Year 2027 Results

August 25, 2026 4:05 PM EDT

Record net sales of $341.9 million, up 17% sequentially and up 33% year-over-year GAAP gross margin of 53.8% and Non-GAAP adjusted gross margin of 54.5% GAAP operating margin of 16.3% and Non-GAAP adjusted operating margin of 24.4% GAAP diluted earnings per share of $1.59 and Non-GAAP adjusted diluted earnings per share of $0.71

CAMARILLO, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a leading provider of high-performance semiconductors powering AI data center networking and intelligent, connected Internet of Things ("IoT") devices worldwide, announced today unaudited financial results for its second quarter of fiscal year 2027, which... More