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UPDATE: Oppenheimer Upgrades Semtech Corp. (SMTC) to Outperform

Go back to UPDATE: Oppenheimer Upgrades Semtech Corp. (SMTC) to Outperform

Semtech (SMTC) Tops Q3 EPS by 1c; Guides Q4 EPS Lower Sequentially

November 30, 2016 4:31 PM EST

Semtech (NASDAQ: SMTC) reported Q3 EPS of $0.37, $0.01 better than the analyst estimate of $0.36. Revenue for the quarter came in at $137.2 million versus the consensus estimate of $138.5 million.

GUIDANCE:

Semtech sees Q4 2017 EPS of $0.33-$0.37. Semtech sees Q4 2017 revenue of $134-142... More