Semtech Q2 Adjusted Earnings, Sales Rise; Q3 Outlook Set

04:20 PM EDT, 08/25/2026 (MT Newswires) -- Semtech (SMTC) reported fiscal Q2 non-GAAP net income late Tuesday of $0.71 per diluted share, up from $0.41 a year earlier. Analysts polled by FactSet expected $0.61. Net sales for the quarter ended July 26 rose to $341.9 million from $257.6 million a year earlier. Analysts expected $328.7 million. For fiscal Q3, the company expects non-GAAP EPS of $1.05, plus or minus $0.03, and revenue of $410 million, plus or minus $5 million Analysts expect $0.73 and $359.9 million, respectively. Shares of Semtech were up 3.1% in after-hours trading.