Shares of Semtech (NASDAQ:SMTC) rose in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 51.43% year over year to $0.53, which beat the estimate of $0.52.
Semtech (NASDAQ:SMTC) reported quarterly earnings of $0.53 per share which beat the analyst consensus estimate of $0.52 by 1.92 percent. This is a 51.43 percent increase over earnings of $0.35 per share from the same