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Semtech (NASDAQ:SMTC) Issues Q1 2023 Earnings Guidance

Semtech (NASDAQ:SMTC – Get Rating) updated its first quarter 2023 earnings guidance on Wednesday. The company provided EPS guidance of $0.720-$0.800 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.700. The company issued revenue guidance of $195 million-$205 million, compared to the consensus revenue estimate of $192.33 million. Shares of SMTC […] ....

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$199.79 Million in Sales Expected for Semtech Co. (NASDAQ:SMTC) This Quarter

Analysts forecast that Semtech Co. (NASDAQ:SMTC – Get Rating) will announce sales of $199.79 million for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Semtech’s earnings, with the lowest sales estimate coming in at $197.40 million and the highest estimate coming in at $202.00 million. Semtech reported sales […] ....

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Semtech Co. (NASDAQ:SMTC) EVP John Michael Wilson Sells 9,000 Shares of Stock

Semtech Co. (NASDAQ:SMTC – Get Rating) EVP John Michael Wilson sold 9,000 shares of the company’s stock in a transaction on Thursday, April 7th. The shares were sold at an average price of $62.28, for a total transaction of $560,520.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which […] ....

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Russell Investments Group Ltd. Has $1.91 Million Position in Semtech Co. (NASDAQ:SMTC)

Russell Investments Group Ltd. lessened its stake in shares of Semtech Co. (NASDAQ:SMTC – Get Rating) by 1.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 21,496 shares of the semiconductor company’s stock after selling 274 shares during the period. Russell Investments Group Ltd.’s […] ....

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Could femtech become a breakout sector?

If current trends continue, the femtech landscape may become one of the fastest growing sectors throughout the decade ahead. ....

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