SMTC Q2 Deep Dive: Data Center and IoT Drive Upside as Portfolio Refocuses
Yahoo Finance · Aug 27, 2026 · Semtech Corporation (SMTC)
Semiconductor company Semtech (NASDAQ:SMTC) reported Q2 CY2026 results exceeding the market’s revenue expectations, with sales up 32.7% year on year to $341.9 million. On top of that, next quarter’s revenue guidance ($410 million at the midpoint) was surprisingly good and 14.6% above what analysts were expecting. Its non-GAAP profit of $0.71 per share was 15.6% above analysts’ consensus estimates.
Not investment advice. Cached headline, not a full reprint.