Semtech Announces First Quarter of Fiscal Year 2022 Results

Go back to Semtech Announces First Quarter of Fiscal Year 2022 Results

Semtech Corp. (SMTC) PT Raised to $96 at Stifel

June 3, 2021 6:39 AM EDT

Stifel analyst Tore Svanberg raised the price target on Semtech Corp. (NASDAQ: SMTC) to $96.00 (from $94.00) while maintaining a Buy rating.

The analyst commented, "Delivered solid Q, w/ Apr Q beat (+3.5% q/q vs. our +2.0% q/q est.), and Jul Q raise... More

Semtech (SMTC) Tops Q1 EPS by 1c

June 2, 2021 4:19 PM EDT

Semtech (NASDAQ: SMTC) reported Q1 EPS of $0.53, $0.01 better than the analyst estimate of $0.52. Revenue for the quarter came in at $170.4 million versus the consensus estimate of $164.31 million.

GUIDANCE:

Semtech sees Q2 2022 EPS of $0.57-$0.65, versus the consensus of $0.57. Semtech sees Q2... More