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Market Impact: 0.3

Semtech (SMTC) Tops Q4 Earnings and Revenue Estimates

SMTC
Corporate EarningsCompany FundamentalsAnalyst Estimates

Semtech reported quarterly EPS of $0.44, beating the Zacks consensus of $0.43 (a $0.01 or ~2.3% beat) and up from $0.40 a year ago (10% year-over-year). The result is a modest beat versus estimates and is unlikely to materially change the near-term outlook absent accompanying revenue or guidance revisions.

Analysis

Semtech reported quarterly EPS of $0.44, beating the Zacks consensus of $0.43 (a $0.01 or ~2.3% beat) and up from $0.40 a year ago (10% year-over-year). The result is a modest beat versus estimates and is unlikely to materially change the near-term outlook absent accompanying revenue or guidance revisions.

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Market Sentiment

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mildly positive

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0.22

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SMTC0.18