Semtech (SMTC) news
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Semtech shares up 8.4% after Q2 results top estimates
AInvest Wire · 5d agoSemtech shares up 4.1% premarket after Q2 results top estimates
Semtech Corp. (SMTC) shares rose 4.1% in premarket trading on August 26, 2026, following the release of its second-quarter financial results, which exceeded analyst expectations. The company reported revenue of $785 million, surpassing the estimated $750 million [1]. Net income for the quarter came…
AInvest Wire · 5d agoSemtech shares rise 4.8% in extended trading after posting quarterly results
Semtech (NASDAQ: SMTC) shares rose 4.8% in extended trading on Tuesday following the release of its fiscal second-quarter results, which exceeded analyst expectations. The fabless chipmaker reported adjusted earnings of $0.71 per share on revenue of $341.9 million, representing a 32.7%…
AInvest Wire · 5d agoSemtech Q2 sales USD 341.9 million vs. IBES estimate USD 328.6 million
Semtech Corporation (NASDAQ: SMTC) reported second-quarter net sales of USD 341.9 million, exceeding the IBES estimate of USD 328.6 million. This represents a notable performance, particularly in light of high channel inventory levels that have impacted the semiconductor industry. The company’s…
AInvest Wire · 5d agoSemtech sees 3Q adj gross margin 57.3% to 59.3%, est. 54.6%
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