Semtech (SMTC) Reiterates Q3 Outlook
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Semtech Comments on Third Fiscal Quarter 2024 Outlook
October 20, 2023 7:02 AM EDTCAMARILLO, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and cloud connectivity service provider, today provided comments on its third fiscal quarter 2024 outlook.
Based on quarter-to-date performance and expectations through the end of the current quarter, we are pleased to reaffirm our outlook for net sales in the range of $190.0 million to $210.0 million and non-GAAP diluted loss per share in the range of $0.22 to $0.09, previously provided on September 13, 2023, said Paul H. Pickle, Semtechs president and chief executive officer. We remain proactive in evaluating our business, including operational... More
