Semtech (SMTC) Tops Q3 EPS by 2c; Guides Q4 Below the Street

Semtech (NASDAQ: SMTC) reported Q3 EPS of $0.65, $0.02 better than the analyst estimate of $0.63. Revenue for the quarter came in at $177.6 million versus the consensus estimate of $179.68 million.

GUIDANCE:

Semtech sees Q4 2023 EPS of $0.44-$0.52, versus the consensus of $0.54. Semtech sees Q4 2023 revenue of $145-155 million, versus the consensus of $165.86 million.

For earnings history and earnings-related data on Semtech (SMTC) click here.

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