earnings
confidence high
sentiment positive
materiality 0.85
Semtech reports record Q3 net sales $267M, adjusted EPS $0.48 vs $0.26 YoY
SEMTECH CORP
2026-Q3 EPS reported
-$0.12
revenue$775,620,000
- Record Q3 net sales $267.0M, up 13% YoY; GAAP gross margin 51.9% (up from 51.1%).
- GAAP operating margin 11.6% vs 7.5% YoY; GAAP diluted loss per share $0.03 vs $0.10 loss.
- Non-GAAP adjusted diluted EPS $0.48, nearly double from $0.26 YoY; adjusted EBITDA margin 23.5%.
- Management highlighted ultra-power-efficient solutions for data center, IoT, and AI interfaces.
- CFO noted improved free cash flow and lower cash interest costs from capital structure optimization.