Semtech (NASDAQ:SMTC) reported quarterly earnings of $0.51 per share which beat the analyst consensus estimate of $0.45 by 13.33 percent. This is a 34.21 percent increase over earnings of $0.38 per share from the same period last year. The company reported quarterly sales of $291.000 million which beat the analyst consensus estimate of $283.448 million by 2.66 percent. This is a 15.89 percent increase over sales of $251.100 million the same period last year.