SMTC - Semtech Likely To Report Q4 Loss; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts | Benzinga
Semtech Corporation (NASDAQ: SMTC) is expected to release earnings results for its fourth quarter, after the closing bell on March 28, 2024.
Analysts expect the Camarillo, California-based company to report a quarterly loss at 3 cents per share, versus a year-ago profit of 47 cents per share in the year-ago quarter. Semtech is projected to report quarterly revenue of $196.46 million, compared to $167.51 million in the year-earlier period, according to data from Benzinga Pro.
On Dec. 3, Semtech posted better-than-expected third-quarter earnings.
Semtech shares gained 10.7% to close at $27.86 on Wednesday.
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