FX.co ★ Semtech Corp Q3 Earnings Summary

Here are the key financial figures for Semtech Corp (SMTC) in its third quarter. The company reported a net loss of $7.6 million compared to a loss of $38.3 million in the same quarter of the previous year. Earnings per share (EPS) for this quarter were -$0.10, an improvement from last year's -$0.60 during the same period. On an adjusted basis, excluding certain items, Semtech Corp achieved earnings of $20.3 million, or $0.26 per share. This exceeded analyst expectations, which were projected at $0.23 per share. The company's revenue also showed growth, reaching $236.8 million compared to $200.9 million from the same quarter last year.