UPDATE: Semtech (SMTC) Tops Q2 EPS by 2c, Offers Q3 Guidance
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Semtech Announces Second Quarter of Fiscal Year 2018 Results
August 30, 2017 4:30 PM EDTCAMARILLO, Calif., Aug. 30, 2017 (GLOBE NEWSWIRE) -- Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog, mixed-signal semiconductors and advanced algorithms, today reported unaudited financial results for its second quarter of fiscal year 2018, which ended July 30, 2017.  Net sales computed in accordance with U.S. generally accepted accounting principles (GAAP), were $153.1 million, after being reduced by $3.2 million of share-based compensation associated with the previously-announced issuance of a Warrant to Comcast. Excluding the offset associated with the Warrant, net sales were $156.3 million (non-GAAP net sales).
Highlights for the Second Fiscal Quarter... More
