SMTC Stock Recent News
SMTC LATEST HEADLINES
Semtech (SMTC) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to earnings of $0.47 per share a year ago.
Semtech Corp.'s stock initially soared 17% before cooling a bit in extended trading Thursday after the company rang up better-than-expected sales and strong sales guidance for its current quarter.
Semtech (SMTC) boosts its overall portfolio with its newly launched 5G wireless technologies, including Tri-Edge GN2256.
Semtech (SMTC) plans to showcase new products to highlight its advancement in Linear Pluggable Optics solutions, boosting its Signal Integrity segment.
Semtech stock rallied Tuesday after an investment bank pounded the table for the beaten-down semiconductor firm.
CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Announces Fourth Quarter of Fiscal Year 2024 Conference Call.
Semtech's stock has bottomed out in terms of revenue and stock price movement, providing an attractive risk-reward opportunity, in my opinion. I think the company was guided down due to the inventory correction ahead of the peer group, and is now more likely to bounce back earlier. SMTC is also cheap compared to its peers, with a lower EV/Sales ratio.
The Analog/Mixed Signal Semiconductor industry is a mixed bag this year with much dependent on the economy, the macro situation and geopolitical issues. Long-term prospects remain solid.
Semtech (SMTC) reported earnings 30 days ago. What's next for the stock?
Semtech announced a surprise quarterly profit for its fiscal third quarter. Management also noted end-market demand is stabilizing for Semtech's semiconductor products.