The Q3 earnings report for Semtech (NASDAQ:SMTC) was released on Monday, November 25, 2024 at 04:15 PM.
Here's what investors need to know about the latest announcement.
Earnings
Semtech beat estimated earnings by 13.0%, reporting an EPS of $0.26 versus an estimate of $0.23.
Revenue was up $35.90 million from the same period last year.
Performance in Previous Earnings
Last quarter the company beat on EPS by $0.02 which was followed by a 11.0% increase in the share price the next day.
Here's a look at Semtech's past performance:
| Quarter | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|
| EPS Estimate | 0.09 | 0.11 | -0.03 | -0.13 |
| EPS Actual | 0.11 | 0.06 | -0.06 | 0.02 |
| Revenue Estimate | 212.30M | 210.16M | 196.46M | 204.49M |
| Revenue Actual | 215.35M | 206.10M | 192.95M | 200.90M |
To track all earnings releases for Semtech visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
