Semtech (SMTC) reported fiscal Q4 adjusted earnings late Thursday of $0.40 per diluted share, compared with a $0.06 loss a year earlier.
Analysts polled by FactSet expected adjusted EPS of $0.32.
Net sales for the quarter that ended Jan. 26 was $251 million, up from $192.9 million a year earlier.
Analysts surveyed by FactSet expected $249.2 million.
The company said it expects fiscal Q1 adjusted diluted EPS of $0.34 to $0.40 on net sales of $245 million to $255 million. Analysts polled by FactSet forecast $0.34 and $250.9 million, respectively.
Shares of the company were more than 11% higher in after-hours activity.
Price: 36.40, Change: +3.69, Percent Change: +11.28
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