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Semtech Swings to Fiscal Q4 Adjusted Earnings as Sales Jump; Sets Q1 Outlook; Shares Rise After Hours
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Semtech Swings to Fiscal Q4 Adjusted Earnings as Sales Jump; Sets Q1 Outlook; Shares Rise After Hours
Mar 13, 2025 2:04 PM

04:43 PM EDT, 03/13/2025 (MT Newswires) -- Semtech ( SMTC ) reported fiscal Q4 adjusted earnings late Thursday of $0.40 per diluted share, compared with a $0.06 loss a year earlier.

Analysts polled by FactSet expected adjusted EPS of $0.32.

Net sales for the quarter that ended Jan. 26 was $251 million, up from $192.9 million a year earlier.

Analysts surveyed by FactSet expected $249.2 million.

The company said it expects fiscal Q1 adjusted diluted EPS of $0.34 to $0.40 on net sales of $245 million to $255 million. Analysts polled by FactSet forecast $0.34 and $250.9 million, respectively.

Shares of the company were more than 11% higher in after-hours activity.

Price: 36.40, Change: +3.69, Percent Change: +11.28

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