SMTC +5.84 to 38.54, nice rally after posting solid Jan Q4 earnings -
briefing -
Semtech beats by $0.08, reports revs in-line; guides Q1 EPS in-line, revs in-line (32.71 -1.14) :
Reports Q4 (Jan) earnings of $0.40 per share, excluding non-recurring items, $0.08 better than the FactSet Consensus of $0.32; revenues rose 30.1% year/year to $251 mln vs the $249.2 mln FactSet Consensus.
Co issues in-line guidance for Q1 (Apr), sees EPS of $0.34-0.40, excluding non-recurring items, vs. $0.34 FactSet Consensus; sees Q1 revs of $245-255 mln vs. $250.92 mln FactSet Consensus.