Semtech Q2: Earnings Beat Expectations, Revenue Tops Forecasts

Semtech defies expectations! Despite a $27.1 million net loss, the California-based company's adjusted earnings beat Wall Street forecasts, reporting 41 cents per share against an expected 40 cents. Revenue also exceeded predictions, hitting $257.6 million. With a promising outlook for the next quarter, can Semtech maintain its momentum and return to profitability? Hosted on Acast. See acast.com/privacy for more information.