Semtech (SMTC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Semtech (SMTC) reported $215.36 million in revenue for the quarter ended July 2024, representing a yearover-year decline of 9.7$0.11 for the same period compares to $0.11 a year ago. The reported revenue compares to the Zacks Consensus Estimate of$212.42 million, representing a surprise of +1.38%. The company delivered an EPS surprise of +10.00%, with the consensus EPS estimate being $0.10. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...