Semtech Announces Third Quarter of Fiscal Year 2021 Results

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Go back to Semtech Announces Third Quarter of Fiscal Year 2021 Results

Semtech Corp. (SMTC) PT Raised to $80 at Needham & Company

December 3, 2020 7:02 AM EST

Needham & Company analyst N. Quinn Bolton raised the price target on Semtech Corp. (NASDAQ: SMTC) to $80.00 (from $68.00) while maintaining a Buy rating.

The analyst commented, "Semtech reported strong F3Q21 results while its F4Q20 revenue and NG EPS guidance far exceeded expectations.... More

Semtech (SMTC) Tops Q3 EPS by 1c, Offers Q4 Guidance

December 2, 2020 4:22 PM EST

Semtech (NASDAQ: SMTC) reported Q3 EPS of $0.47, $0.01 better than the analyst estimate of $0.46. Revenue for the quarter came in at $154.1 million versus the consensus estimate of $149.83 million.

GUIDANCE:

Semtech sees Q4 2021 EPS of $0.45-$0.51, versus the consensus of $0.45. Semtech sees Q4... More