Semtech Corp. (SMTC) PT Raised to $70 at Needham
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Semtech Announces Third Quarter of Fiscal Year 2025 Results
November 25, 2024 4:15 PM ESTNet sales of $236.8 million, up 10% sequentially Record data center net sales of $43.1 million, up 58% sequentially GAAP gross margin of 51.1%, up 210 basis points sequentially and Non-GAAP gross margin of 52.4%, up 200 basis points sequentially GAAP operating margin of 7.5%, up 390 basis points sequentially and Non-GAAP operating margin of 18.3%, up 410 basis points sequentially GAAP diluted loss per share of $0.10 and Non-GAAP diluted earnings per share of $0.26 Adjusted EBITDA margin of 21.6%, up 280 basis points sequentially
CAMARILLO, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a high-performance... More
