Semtech Announces First Quarter of Fiscal Year 2016 Results

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Oppenheimer Maintains Perform Following Semtech (SMTC) F1Q Results

May 28, 2015 8:53 AM EDT

Oppenheimer maintains a Perform rating on Semtech Corp. (NASDAQ: SMTC) following F1Q results. SMTC reported sales of $130M, compared to $133M consensus. EPS of $0.27 was just shy of consensus' $0.28 estimate.

Analyst Rick Schafer commented, After the close Wednesday, SMTC... More

B. Riley Downgrades Semtech Corp. (SMTC) to Sell

May 28, 2015 6:58 AM EDT

B. Riley downgraded Semtech Corp. (NASDAQ: SMTC) from Neutral to Sell with a price target of $21.00 (from $26.00).

For an analyst ratings summary and ratings history on Semtech Corp. click here. For more ratings news on Semtech Corp. click here.

Shares of Semtech Corp. closed at $24.62 yesterday.

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Semtech (SMTC) Misses Q1 EPS by 1c; Issues Light Q2 Outlook; Raised Common Buyback to $100M

May 27, 2015 4:32 PM EDT

Semtech (NASDAQ: SMTC) reported Q1 EPS of $0.27, $0.01 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $130 million versus the consensus estimate of $132.4 million.

Semtech sees Q2 2015 EPS of $0.21 - $0.26, versus the consensus of $0.37. Semtech sees Q2 2015 revenue of $120 - $130... More