💨 Abstract

Semtech Corp. (SMTC) reported fiscal first-quarter earnings of $19.3 million, or 22 cents per share. Adjusted earnings were 38 cents per share, meeting analyst expectations. The company's revenue was $251.1 million, surpassing forecasts. For the next quarter, Semtech anticipates earnings of 37 to 43 cents per share and revenue between $251 million and $261 million.

Courtesy: WTOP Staff