Benzinga | Aug 26, 2020 05:16PM EDT

Semtech: Q2 Earnings Insights

Shares of Semtech (NASDAQ:SMTC) were flat in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 13.16% over the past year to $0.43, which beat the estimate of $0.41.

Revenue of $143,660,000 higher by 4.75% year over year, which beat the estimate of $141,760,000.

Looking Ahead

Semtech hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Aug 26, 2020

Time: 05:00 PM

ET Webcast URL: https://webcasts.eqs.com/register/Semtechcorp20200826/en

Recent Stock Performance

52-week high: $64.10

52-week low: $26.03

Price action over last quarter: Up 22.28%

Company Description

Semtech Corp provides analog and mixed-signal semiconductor products to original equipment manufacturers and distributors. These products are found in enterprise computing, communications, high-end consumer, industrial, and other end markets. The firm's products are organized into three groups: signal integrity, which includes broadcast video products; protection, which includes products to protect electronic systems from voltage spikes; and wireless and sensing, which includes radio frequency products. A majority of the firm's revenue is generated in Asia-Pacific, with the rest coming from Europe and North America.