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Semtech Corp  (SMTC)
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 

Outstanding EPS Increase by 63.89 % at the company amid the financial first quarter of 2023

recorded first quarter of 2023 operating surplus of $47.052 millions


Published Jun 02 2022
CSIMarket Team / CSIMarket.com


chip_pd displayed pleasant earnings in the March to May 01 2022. Revenues were at $202.15 millions higher by 18.652 % year on year and surged by 351.135 % quarter on quarter, while profits jumped by 63.89 % to $0.59, sequentially income per share turned positive by 0 %.




Bottom-line of $38.048 millions in the financial first quarter of 2023 increased by 61.92 % from net earnings of $23.498 millions reported in the financial first quarter of 2023 a year ago. Semtech Corp also emphasized it's improving profit margins, where net margin rose to 18.82% in financial first quarter of 2023, and operating margin edged up to 23.28%.
Operating earnings, however, rose 68.23% to $47.052 millions.

Semtech Corp is expected to report next financial earnings on May 31, 2023.



Semtech's Dividend Growth

Semtech's Price to sales ratio PS



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