Semtech Corporation (NASDAQ: SMTC) recently shared its financial results for the second quarter. The report was released after markets closed for the day.
The results have garnered the interest of Wall Street, owing to earnings side by side revenues exceeded market expectations.
The establishment recorded a Non-GAAP income of $0.11 per share for the quarter, surpassed the street estimated $0.09 profit per share.
Besides that, revenues for the quarter hitting $215.36 million, outperformed analysts anticipated $212.3 million.
The revenues fell 9.66 percent relative to the comparable quarter of preceding year.
In the realm of forecasting financials, The concern has set earnings goal for Q3 2025 ranging from $0.20 to $0.26 per share, where as they anticipate accomplishing revenue falling between $228.00 and $238.00 million.
However Wall Street analysts predict a revenue of $227.49 million and earnings of $0.21 per share
| Period | Type | Company Outlook |
Analysts Estimate |
Company Vs.* Analysts |
|---|---|---|---|---|
| Q3 2025 | EPS | $0.20~$0.26 | $0.21 | 9.5% |
| REV | $228 M~$238 M | $227 M | 2.4% |
*Based on mid-point
During Tuesday’s trading, Semtech Corporation (SMTC) shares reached a low of $36.05 and a high of $38.52, along with a total volume of 2.23 million shares. The stock ended the regular trading session at $38.16, demonstrating a gain of 3.05 percent.
