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
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.
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Outstanding EPS Increase by 63.89 % at the company amid the financial first quarter of 2023
Other SMTC's news
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13.607% Revenue Boost Sends Shockwaves Through the Semiconductor Industry
Semtech Corp announced surprisingly striking business elevation, over the first quarter of 2024
Earnings lifted by $10.88 millions tax provisions
The company declared pressing business environment, in the third quarter of 2023
The company reported important Top-line progress, over the fiscal second quarter of 2023
Outstanding EPS Increase by 63.89 % at the company amid the financial first quarter of 2023