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Benzinga

Business

Adam Eckert

DARK SECRETS: Semtech reports better than expected q2 earnings - The Real Truth

Semtech,Sign,At,Hq,In,Silicon,Valley.,Semtech,Corporation,Is

Semtech Corp (NASDAQ:SMTC) reported second-quarter financial results after the market close on Monday. Here’s a look at the key details from the report.

Q2 Highlights: Semtech reported second-quarter revenue of $257 million, beating analyst estimates of $256.09 million, according to Benzinga Pro. The semiconductor, IoT systems and cloud connectivity service provider reported second-quarter adjusted earnings of 41 cents per share, beating estimates of 40 cents per share.

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