Semtech: Q3 Earnings Insights

Benzinga · 11/25 21:25

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.