Semtech +7.2% on Q4 beats, in-line guidance

|About: Semtech Corporation (SMTC)|By:, SA News Editor

Semtech (NASDAQ:SMTC) shares are up 7.2% aftermarket following Q4 results that beat EPS and revenue estimates. In-line Q1 guidance has revenue from $147M to $153M (consensus: $147.7M) and EPS from $0.45 to $0.47 (consensus: $0.46).

Key metrics: Non-GAAP gross margin, 61.4%; operating expenses, $51.3M; operating margin, 25%; cash and equivalents, $307.9M.

Earnings call is scheduled for 5 PM ET with a webcast available here

Press release     

Previously: Semtech beats by $0.01, beats on revenue (March 14)

Subscribe for full text news in your inbox