Semtech Corp (SMTC) announced a profit for its first quarter that Increases, from the same period last year
The company's earnings totaled $26.6 million, or $0.27 per share. This compares with $19.3 million, or $0.22 per share, last year.
Excluding items, Semtech Corp reported adjusted earnings of $49.4 million or $0.51 per share for the period.
The company's revenue for the period rose 15.9% to $291.0 million from $251.1 million last year.
Semtech Corp earnings at a glance (GAAP) :
-Earnings: $26.6 Mln. vs. $19.3 Mln. last year.-EPS: $0.27 vs. $0.22 last year.-Revenue: $291.0 Mln vs. $251.1 Mln last year.
-Guidance:Next quarter EPS guidance: $ 0.61 To $ 0.63Next quarter revenue guidance: $ 328 M To $ 333 M
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.