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Semtech shares soar after beating analyst earnings estimates

By   /   Thursday, November 29th, 2018  /   Comments Off on Semtech shares soar after beating analyst earnings estimates

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Semtech shares rose nearly 9 percent Nov. 29 after the company exceeded analyst expectations with $12.2 million in net income, or 18 cents per share. Adjusted earnings per share of 63 cents for the quarter ended Oct. 28 beat analyst estimates of 61 cents. The Camarillo-based Internet of Things company said its wireless and sensing…

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