Semtech Announces Third Quarter of Fiscal Year 2019 Results
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Semtech Corp. (SMTC) PT Lowered to $55 at RBC Capital
November 29, 2018 7:09 AM ESTRBC Capital analyst Mitch Steves lowered the price target on Semtech Corp. (NASDAQ: SMTC) to $55.00 (from $60.00) while maintaining a Outperform rating.
... MoreSemtech (SMTC) Tops Q3 EPS by 2c, Revenues Beat; Offers Q4 EPS Mid-Point Guidance Below Consensus, Q4 Revenue Outlook Below Consensus
November 28, 2018 4:19 PM ESTSemtech (NASDAQ: SMTC) reported Q3 EPS of $0.63, $0.02 better than the analyst estimate of $0.61. Revenue for the quarter came in at $173.55 million versus the consensus estimate of $173.03 million.
Non-GAAP Gross margin was 61.7%Non-GAAP SG&A expense was $29.8 millionNon-GAAP R&D expense was $24.5... More