Semtech Announces Third Quarter of Fiscal Year 2017 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
UPDATE: Oppenheimer Upgrades Semtech Corp. (SMTC) to Outperform
December 1, 2016 7:30 AM EST(Updated - December 1, 2016 9:12 AM EST)
Oppenheimer upgraded Semtech Corp. (NASDAQ: SMTC) from Perform to Outperform with a price target of $36. Analyst Rick Schafer thinks growth is on track.
"We are raising estimates and upgrading SMTC to Outperform after the... More
RBC Capital Raises Price Target on Semtech (SMTC) Following 3Q Report
December 1, 2016 7:26 AM ESTRBC Capital reiterated a Sector Perform rating on Semtech Corp. (NASDAQ: SMTC), and raised the price target to $32.00 (from $28.00), following the company's 3Q earnings report. SMTC reported results slightly ahead of Street on both revenue/EPS at $140.9M/$0.37 vs. Street at $138.5M/ $0.36.
Analyst Mitch... More
Semtech (SMTC) Tops Q3 EPS by 1c; Guides Q4 EPS Lower Sequentially
November 30, 2016 4:31 PM ESTSemtech (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
