04:16 PM EDT, 08/25/2025 (MT Newswires) -- Semtech ( SMTC ) reported fiscal Q2 non-GAAP net income late Monday of $0.41 per diluted share, up from $0.11 a year earlier.

Analysts polled by FactSet expected $0.40.

Revenue for the quarter ended July 27 was $257.6 million, up from $215.4 million a year earlier.

Analysts polled by FactSet expected $256.1 million.

For fiscal Q3, the company expects non-GAAP EPS of $0.44, plus or minus $0.03, on revenue of $266 million, plus or minus $5 million. Analysts polled by FactSet are looking for $0.44 and $264.7 million, respectively.

Shares of the company fell 1.3% in after-hours activity.

Price: 50.35, Change: -0.65, Percent Change: -1.27