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Semtech beats analyst earnings estimates

By   /   Thursday, May 28th, 2020  /   No Comments

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Camarillo Internet of Things company Semtech reported flat sales in the first quarter, while net income dipped 24 percent to $9.6 million.  Earnings per share of 15 cents beat analyst estimates of 12 cents per share on average, sending the stock up 2.5 percent in trading May 28 to $51.44, nearly flat to its price…

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