Semtech (NASDAQ:SMTC) Reports Q4 In Line With Expectations, Stock Jumps 11.2%

By Yahoo! Finance   |   1 month ago
Semtech (NASDAQ:SMTC) Reports Q4 In Line With Expectations, Stock Jumps 11.2%

Semiconductor company Semtech met Q4 revenue expectations but gave a lower guidance for the next quarter. Despite this, its non-GAAP profit exceeded estimates. With a history of solid sales growth, investing in Semtech for long-term growth potential may be beneficial amidst the evolving semiconductor industry landscape.

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