Semtech Corporation (NASDAQ:SMTC) will release financial results for the second quarter after the closing bell on Monday, Aug. 25.
Analysts expect the Camarillo, California-based company to report quarterly earnings at 40 cents per share, up from 11 cents per share in the year-ago period. Semtech projects to report quarterly revenue at $256.06 million, compared to $215.35 million a year earlier, according to data from Benzinga Pro.
On May 27, Semtech posted better-than-expected first-quarter results.
Semtech shares rose 1.9% to close at $49.39 on Thursday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a …