Semtech Corporation (NASDAQ:SMTC) will release its second quarter earnings report after the closing bell on Tuesday, Aug. 25.
Analysts expect the Camarillo, California-based company to report quarterly earnings of 61 cents per share, up from 41 cents per share in the year-ago period. The consensus estimate for Semtech’s quarterly revenue is $328.64 million. It reported $257.6 million last year, according to Benzinga Pro.
On Aug. 13, Semtech agreed to sell its cellular module business to Compal Electronics for $62 million in cash.
Shares of Semtech fell 0.6% to close at $124.09 on Friday.
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