Benzinga | Mar 17, 2021 04:19PM EDT

Semtech Q4 EPS $0.51 Beats $0.48 Estimate, Sales $164.70M Beat $158.29M Estimate

Semtech (NASDAQ:SMTC) reported quarterly earnings of $0.51 per share which beat the analyst consensus estimate of $0.48 by 6.25 percent. This is a 27.5 percent increase over earnings of $0.40 per share from the same period last year. The company reported quarterly sales of $164.70 million which beat the analyst consensus estimate of $158.29 million by 4.05 percent. This is a 19.35 percent increase over sales of $138.00 million the same period last year.