Semtech Corporation’s Upcoming Q2 Earnings Preview
<p>Oppenheimer analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/SMTC'>Semtech Corporation (NASDAQ:SMTC)</a> ahead of the upcoming Q2 results, scheduled to be announced on August 31. </p>
<p>The analysts expect a modest upside to Street’s Q2 revenue/EPS estimates of $208 million/$0.85 and Q3 guidance of $216 million/$0.90 led by LoRa. According to the analysts, LoRa is on track to exceed 50% year-over-year growth this year.</p>
<p>Signal Integrity was up 4% quarter-over-quarter (up 19% year-over-year) in Q1 led by DC+PON. The analysts expect this segment to grow 5% quarter-over-quarter in Q2 led by TriEdge short-reach analog PAM4.</p>
<p>Protection segment was up 5% quarter-over-quarter (up 23% year-over-year) in Q1. The analysts expect this segment to be up in Q2 as better mix offsets weaker China consumer.</p>

NASDAQ:SMTC