Semtech (NASDAQ:SMTC) reported quarterly earnings of $0.71 per share which beat the analyst consensus estimate of $0.57 by 24.56 percent. This is a 73.17 percent increase over earnings of $0.41 per share from the same period last year. The company reported quarterly sales of $341.900 million which beat the analyst consensus estimate of $328.611 million by 4.04 percent. This is a 33.04 percent increase over sales of $257.000 million the same period last year.