Chipmaker Semtech beat analyst estimates for its fiscal first quarter and with its guidance for the current quarter. Semtech stock rose.

Chipmaker Semtech beat analyst estimates for its fiscal first quarter and with its guidance for the current quarter. Semtech stock rose.

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%.