Semtech (SMTC) Surpasses Q2 Earnings and Revenue Estimates

Semtech (SMTC) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.4 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +2.50%. A quarter ago, it was expected that this chipmaker would post earnings of $0.38 per share when it actually produced earnings of $0.38, delivering no surprise.Over the last four quarters, the company has surpassed co ...