🟢 SMTC is trading 11% up today after a major earnings beat and strong AI data center outlook

SMTC is trading at $181.82 (11% up) in after-hours trading, jumping from a regular-session close of $164.46 following a significant earnings beat and strong forward guidance.

• The company reported Q1 fiscal 2027 revenue of $291M, up 16% year-over-year and more than 20% above analyst estimates.
• Non-GAAP EPS reached $0.51, significantly higher than the $0.30 expected.
• Management issued strong Q2 guidance fueled by robust AI-driven data center interconnect demand.