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By Staff Report / Wednesday, July 15th, 2015 / Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Camarillo-based Semtech to lay off 8 percent of workforce
Camarillo-based Semtech Corp. announced plans to lay off about 8 percent of its workforce. Semtech, which makes analog and mixed signal semiconductors and announced the cuts July 15, didn’t provide details about the total number of employees that will be laid off, or where the cuts will happen. The company said in a news release Read More →
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By Henry Dubroff / Friday, June 12th, 2015 / Banking & Finance, Central Coast, Columns, Latest news, Opinion, South Coast, Technology, Top Stories, Tri-County Public Companies / Comments Off on Mindbody, Appfolio IPOs might be start of South Coast tech boom
You might call it the Mindbody-Appfolio effect. The pair of $100 million-plus initial public stock offerings filed last month has caught the attention of dealmakers from the Bay Area to Los Angeles. Add to that the stunning, $1.4 billion sale of Lynda.com to Linkedin and you have the most buzz in the region since the Read More →
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By Stephen Nellis / Thursday, August 21st, 2014 / Earnings, Latest news, Technology, Tri-County Public Companies, West Ventura County / Comments Off on Semtech earnings on track after layoffs
Shares of Camarillo-based chipmaker Semtech Corp. were up 4.8 percent after the company announced stronger-than-expected sales and profits. Semtech, which uses a fiscal year that ends in January each year, said Aug. 20 that its second-quarter fiscal 2015 revenues were $145.7 million, up 10 percent from the previous quarter but down 12 percent from the Read More →
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By Stephen Nellis / Wednesday, March 5th, 2014 / Earnings, Technology, Top Stories, Tri-County Public Companies / Comments Off on Semtech meets Street expectations after layoffs
Camarillo-based Semtech Corp. delivered earnings on par with Wall Street expectations on March 5, holding its forecast steady as it deals with the costs of laying off 6 percent of its workforce and navigating a rough patch amid several years of growth.
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