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Semtech (NASDAQ:SMTC) Announces Earnings Results

Semtech (NASDAQ:SMTC – Get Free Report) issued its quarterly earnings results on Wednesday. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.09, MarketWatch Earnings reports. Semtech had a positive return on equity of 2.56% and a negative net margin of 53.62%. The company had […] ....

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Semtech (NASDAQ:SMTC) Posts Earnings Results, Beats Estimates By $0.09 EPS

Semtech (NASDAQ:SMTC – Get Free Report) posted its earnings results on Wednesday. The semiconductor company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.09, MarketWatch Earnings reports. The business had revenue of $238.37 million for the quarter, compared to analyst estimates of $237.37 million. Semtech had a positive […] ....

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The head of the United Auto Workers says the union and the Big Three auto makers are still 'very far apart' on the union’s key priorities for wage increases. ....

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Semtech (NASDAQ:SMTC) Releases Q3 Earnings Guidance

Semtech (NASDAQ:SMTC – Get Free Report) issued an update on its third quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $(0.22)-(0.09) for the period, compared to the consensus estimate of $0.12. The company issued revenue guidance of $190-210 million, compared to the consensus revenue estimate of $247.66 million. […] ....

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Piper Sandler Lowers Semtech (NASDAQ:SMTC) Price Target to $30.00

Semtech (NASDAQ:SMTC – Get Free Report) had its target price reduced by stock analysts at Piper Sandler from $40.00 to $30.00 in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports. The brokerage currently has an “overweight” rating on the semiconductor company’s stock. Piper Sandler’s price target would suggest a potential […] ....

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