Semtech: Fiscal Q1 Earnings Snapshot
CAMARILLO, Calif. (AP) — CAMARILLO, Calif. (AP) — Semtech Corp. (SMTC) on Wednesday reported a loss of $29.4 million in its fiscal first quarter. T...
June 8, 2023
4:04 AM
CAMARILLO, Calif. (AP) — CAMARILLO, Calif. (AP) — Semtech Corp. (SMTC) on Wednesday reported a loss of $29.4 million in its fiscal first quarter. The Camarillo, California-based company said it had a loss of 46 cents per share. Earnings, adjusted for one-time gains and costs, were 2 cents per share. The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share. The chipmaker posted revenue of $236.
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