Semtech Announces Third Quarter of Fiscal Year 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Nasdaq futures drop over 2% on concerns over AI buildout costs, Fed rate outlook
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil steady 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
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- 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
Semtech Corp. (SMTC) PT Lowered to $55 at RBC Capital
November 29, 2018 7:09 AM ESTRBC Capital analyst Mitch Steves lowered the price target on Semtech Corp. (NASDAQ: SMTC) to $55.00 (from $60.00) while maintaining a Outperform rating.
... MoreSemtech (SMTC) Tops Q3 EPS by 2c, Revenues Beat; Offers Q4 EPS Mid-Point Guidance Below Consensus, Q4 Revenue Outlook Below Consensus
November 28, 2018 4:19 PM ESTSemtech (NASDAQ: SMTC) reported Q3 EPS of $0.63, $0.02 better than the analyst estimate of $0.61. Revenue for the quarter came in at $173.55 million versus the consensus estimate of $173.03 million.
Non-GAAP Gross margin was 61.7%Non-GAAP SG&A expense was $29.8 millionNon-GAAP R&D expense was $24.5... More