April 17, 2024
Loading...
You are here:  Home  >  Banking & Finance  >  Tri-County Public Companies  >  Earnings  >  Current Article

Semtech earnings down but it beat analyst estimates

IN THIS ARTICLE

Fourth quarter sales slowed for Camarillo semiconductor company Semtech, and net income dropped 78 percent to $2.9 million.  Revenue fell 13.7 percent compared to the same quarter in 2019 to $138 million. Adjusted for restructuring and acquisition related expenses, among other costs, adjusted earnings per share beat analyst estimates by 5 cents.  Mohan Maheswaran, CEO…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.