Semtech Corp. (NASDAQ:SMTC) reported better-than-expected results and strong guidance for the first quarter, with shares gaining 9.8%.

Here's a look inside the Q1 earnings report from Semtech.

Semtech Corp (SMTC) reported strong Q1 financial results, beating analysts' estimates. Shares rose 7% in pre-market trading as Q2 guidance exceeded expectations.

Semtech Corp. (NASDAQ:SMTC) reported better-than-expected results and strong guidance for the first quarter, with shares gaining 9.8%.