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Semtech Raises Fiscal Q3 Adjusted EPS, Revenue Guidance; Shares Gain After Hours

Semtech Raises Fiscal Q3 Adjusted EPS, Revenue Guidance; Shares Gain After Hours

MT newswireMT newswire2026/10/15 21:51
05:51 PM EDT, 10/15/2026 (MT Newswires) -- Semtech (SMTC) expects fiscal Q3 adjusted diluted earnings per share of $1.14, plus or minus $0.02, up from its prior guidance of $1.05, plus or minus $0.03, the company said Thursday in a regulatory filing. Analysts polled by FactSet expect $1.06. The company boosted fiscal Q3 revenue guidance to $417.5 million, plus or minus $2.5 million, up from its prior outlook of $410 million, plus or minus $5 million. Analysts project $410.7 million. Semtech shares rose 3.6% in after-hours trading.
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