Semtech Announces Third Quarter of Fiscal Year 2022 Results

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Semtech Corp. (SMTC) PT Raised to $100 at Needham & Company

December 2, 2021 9:59 AM EST

Needham & Company analyst N. Quinn Bolton raised the price target on Semtech Corp. (NASDAQ: SMTC) to $100.00 (from $88.00) while maintaining a Buy rating.

The analyst commented, "Semtech's F3Q22 revenue slightly exceeded the midpoint while NG GM and NG EPS were towards... More

Semtech (SMTC) Tops Q3 EPS by 2c, Offers Guidance

December 1, 2021 4:24 PM EST

Semtech (NASDAQ: SMTC) reported Q3 EPS of $0.74, $0.02 better than the analyst estimate of $0.72. Revenue for the quarter came in at $194.9 million versus the consensus estimate of $193.21 million.

GUIDANCE:

Semtech sees Q4 2022 EPS of $0.65-$0.73, versus the consensus of $0.66. Semtech sees... More