February 23, 2024
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Semtech earnings beat analyst estimates

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Semtech reported May 30 that it earned $12.4 million for its first fiscal quarter, slightly beating analyst estimates. The earnings per share for the quarter were 18 cents unadjusted and 47 cents per share adjusted for one-time gains. Zacks Investment Research consensus earnings were 46 cents. Revenue for the quarter was $130.4 million or about…

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