Semtech Corp. (SMTC) PT Raised to $50 at Baird; LoRa Momentum Accelerating

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Semtech Corp. (SMTC) PT Raised to $50 at Needham & Company

May 31, 2018 7:53 AM EDT

Needham & Company raised its price target on Semtech Corp. (NASDAQ: SMTC) to $50.00 (from $45.00) while maintaining a Buy rating.

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Semtech Corp. (SMTC) PT Raised to $57 at B.Riley/FBR

May 31, 2018 2:34 AM EDT

B.Riley/FBR raised its price target on Semtech Corp. (NASDAQ: SMTC) to $57.00 (from $46.00) while maintaining a Buy rating.

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Semtech (SMTC) Tops Q1 EPS by 1c, Revenues Beat; Offers 2Q EPS Mid-Point Outlook Below Consensus

May 30, 2018 4:25 PM EDT

Semtech (NASDAQ: SMTC) reported Q1 EPS of $0.47, $0.01 better than the analyst estimate of $0.46. Revenue for the quarter came in at $151.9 million versus the consensus estimate of $150.33 million.

Results on a non-GAAP basis for the First Fiscal Quarter 2019 (see the list of non-GAAP items and the reconciliation of these to the most relevant GAAP items set forth in the tables below):... More