Semtech Announces Fourth Quarter and Fiscal Year 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Semtech (SMTC) Beat and Raise Puts China Fears to Rest - Drexel Hamilton
March 3, 2016 9:43 AM ESTAfter two years of declining sales, Drexel Hamilton analyst, Cody Acree, thinks Semtech Corp. (NASDAQ: SMTC) is in a position where the bulk of the negative pressure is behind it and several growth drivers are likely drive growth in FY17. The firm reiterated a Buy rating and price target of $26.
For Q4, Semtech delivered sales of... More
Semtech (SMTC) Tops Q4 EPS by 1c, Q1 Guidance Beats
March 2, 2016 4:34 PM ESTSemtech (NASDAQ: SMTC) reported Q4 EPS of $0.17, $0.01 better than the analyst estimate of $0.16. Revenue for the quarter came in at $118.6 million versus the consensus estimate of $116.1 million.
GUIDANCE:
Semtech sees Q1 2017 EPS of $0.26-$0.30, versus the consensus of $0.24. Semtech sees Q1... More
