Alert: New Earnings Report (11/25/24)-Semtech Corp (NASDAQ: SMTC).

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Semtech Corp (NASDAQ: SMTC) has reported a loss for its third fiscal quarter (ending October 31) of $-0.10 versus a loss $-0.60 for the same period a year ago — a decline of -83%. For the latest four quarters through October 31, E.P.S. were $-12.92 versus $-7.82 for the same period a year ago — an increase of 65%.

Recent Price Action

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On 11/25/24, Semtech Corp (NASDAQ: SMTC) stock enjoyed a very large increase of 5.0%, closing at $53.44. Moreover, this advance was accompanied by exceptionally high trading volume at 256% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 21.2% during the last week.

Current PriceTarget Research Rating

Semtech is currently unrated.

Rating Review

The stock is currently unrated.

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