Notable Earnings: Semtech Corporation (SMTC), Box, Inc. (BOX), Guidewire Software (GWRE)

Semtech Corporation (SMTC) reported first quarter non-GAAP EPS of $0.30 after the closing bell Wednesday, compared to the consensus estimate of $0.28. Revenues increased .8% from last year to $131.1 million. Analysts expected revenues of $128.38 million. The stock is currently down $0.17 to $24.20 on 1.06 million shares.

For Q2, SMTC provided EPS guidance of $0.30-$0.36 versus consensus of $0.33 per share. The company also issued revenue projection of $130-$140 million, compared to the consensus revenue estimate of $133.55 million.

smtc stock

Box, Inc. (BOX) dropped $0.96 to $11.85 in after-hours trading after it reported fiscal-first quarter earnings.

The co. handed in non-GAAP EPS of ($0.18) per share on revenue of $90.2 million, beating Wall Street estimates of ($0.24) per share on revenue of $88.69 million.

The company guided Q2 revenues of $94-$95 million, as compared to analysts’ expectations of $94.81 million. The management also gave its bottom line range of ($0.20)-($0.19) per share, against projections of ($0.22) per share.

box stock

Shares of Guidewire Software, Inc. (GWRE) rallied $2.02 to $62.50 after the company reported third-quarter earnings of $98.9 million or non-GAAP $0.14 per share. Analysts had been modeling $92.45 million and $0.06 per share.

For Q4, GWRE provided EPS guidance of $0.30-$0.34 versus consensus of $0.32 per share. The company also issued revenue projection of $133.5-$137.5 million, compared to the consensus revenue estimate of $137.03 million.

gwre stock

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