04:27 PM EST, 11/24/2025 (MT Newswires) -- Semtech ( SMTC ) reported fiscal Q3 non-GAAP net income late Monday of $0.48 per diluted share, up from $0.26 a year earlier.

Analysts polled by FactSet expected $0.44.

Revenue in the three months ended Oct. 26 rose to $267 million from $236.8 million a year earlier.

Analysts polled by FactSet expected $266.4 million.

The company expects fiscal Q4 non-GAAP EPS of $0.43, plus or minus $0.03, on revenue of $273 million, plus or minus $5 million.

Analysts polled by FactSet project EPS of $0.44 on revenue of $265.9 million.

Semtech ( SMTC ) shares fell 6.4% in after-hours trading.