SMTC - Semtech Likely To Post Sharp Decline In Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts | Benzinga
Semtech Corporation (NASDAQ: SMTC) is expected to report its financial results for its second quarter of fiscal year 2024, after the closing bell on Sept. 13, 2023.
Analysts expect the company to post quarterly earnings at 2 cents per share, down from year-ago earnings of 87 cents per share. The company’s revenue might come in at $237.37 million, compared to $209.25 million in the year-ago period.
Semtech shares fell 2.7% to close at $22.72 on Tuesday.
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