Semtech Announces First Quarter of Fiscal Year 2020 Results
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Semtech Corp. (SMTC) PT Lowered to $51 at RBC Capital
May 30, 2019 6:38 AM EDTRBC Capital analyst Mitch Steves lowered the price target on Semtech Corp. (NASDAQ: SMTC) to $51.00 (from $55.00) while maintaining a Outperform rating.
... MoreSemtech (SMTC) Tops Q1 EPS by 1c, Revenues Beat; Q2 EPS/Revenue Guidance Below Consensus
May 29, 2019 4:20 PM EDTSemtech (NASDAQ: SMTC) reported Q1 EPS of $0.34, $0.01 better than the analyst estimate of $0.33. Revenue for the quarter came in at $131.4 million versus the consensus estimate of $130.54 million.
Non-GAAP Gross margin is expected to be in the range of 61.9% to 62.5%Non-GAAP SG&A expense is expected to be in the range of $28.0 million to $29.0 millionNon-GAAP R&D expense... More