Semtech (SMTC) Reports Q1 Earnings: What Key Metrics Have to Say

Semtech (SMTC) reported $291 million in revenue for the quarter ended April 2026, representing a year-over-year increase of 15.9%. EPS of $0.51 for the same period compares to $0.38 a year ago.The reported revenue represents a surprise of +2.73% over the Zacks Consensus Estimate of $283.27 million. With the consensus EPS estimate being $0.45, the EPS surprise was +12.51%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Semtech performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Net Sales by reportable segment- IoT Systems and Connectivity: $88.3 million compared to the $86.64 million average estimate based on two analysts. The reported number represents a change of +1.6% year over year.Net Sales by reportable segment- Signal Integrity: $102 million compared to the $98.28 million average estimate based on two analysts. The reported number represents a change of +38.7% year over year.Net Sales by reportable segment- Analog Mixed Signal and Wireless: $100.8 million versus $97.9 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +11.2% change.View all Key Company Metrics for Semtech here>>>Shares of Semtech have returned +54.8% over the past month versus the Zacks S&P 500 composite's +4.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>This article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks