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Semtech (NASDAQ:SMTC – Get Rating) updated its second quarter 2024 earnings guidance on Wednesday. The company provided EPS guidance of -$0.02-$0.06 for the period, compared to the consensus EPS estimate of -$0.02. The company issued revenue guidance of $233.00 million-$243.00 million, compared to the consensus revenue estimate of $242.66 million. Semtech also updated its Q2 […]
Semtech Co. (NASDAQ:SMTC – Get Rating)’s share price gapped up prior to trading on Thursday following a stronger than expected earnings report. The stock had previously closed at $22.43, but opened at $26.88. Semtech shares last traded at $24.41, with a volume of 1,473,047 shares. The semiconductor company reported ($0.14) EPS for the quarter, missing […]
Semtech (NASDAQ:SMTC – Get Rating) is set to post its 4/30/2023 quarterly earnings results after the market closes on Wednesday, June 7th. Analysts expect Semtech to post earnings of ($0.07) per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link. Semtech Trading Down […]
Semtech (NASDAQ:SMTC – Get Rating) had its target price lowered by Susquehanna from $30.00 to $25.00 in a research note issued to investors on Thursday morning, The Fly reports. Several other brokerages also recently issued reports on SMTC. Northland Securities began coverage on shares of Semtech in a research report on Tuesday, April 11th. They […]
Semtech (NASDAQ:SMTC – Get Rating) had its price objective decreased by Susquehanna from $30.00 to $25.00 in a report issued on Thursday, The Fly reports. Several other analysts also recently commented on SMTC. Robert W. Baird dropped their price objective on Semtech from $48.00 to $40.00 and set an outperform rating on the stock in […]