Semtech (SMTC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
SMTCSemtech(SMTC) ZACKS·2024-08-29 07:31

Semtech (SMTC) reported 215.36millioninrevenueforthequarterendedJuly2024,representingayear−over−yeardeclineof9.7215.36 million in revenue for the quarter ended July 2024, representing a year-over-year decline of 9.7%. EPS of 0.11 for the same period compares to 0.11ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.11 a year ago.The reported revenue compares to the Zacks Consensus Estimate of 212.42 million, representing a surprise of +1.38%. The company delivered an EPS surprise of +10.00%, with the consensus EPS estimate being $0.10.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...