Semtech stock soars after beating Wall Street expectations

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Semtech stock soars after beating Wall Street expectations

By Staff Report / Thursday, March 15th, 2018 / Comments Off on Semtech stock soars after beating Wall Street expectations

Camarillo-based semiconductor supplier Semtech reported a fiscal fourth-quarter loss of $1.3 million or 2 cents per share on March 14, compared to a net income of $8 million, or 12 cents a share, during the same period last year. Earnings, adjusted for pretax expenses and amortization costs, were 42 cents per share, which slightly beat…

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