June 23, 2024
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Semtech earnings are down, despite outdistancing third quarter estimates


By Jorge Mercado Senior Staff Writer Camarillo-based Semtech generated positive net income during the third quarter of 2022, even despite the fact its earnings and revenue fell year-over-year. Semtech, a semiconductor company specializing in Internet of Things applications, generated net income worth $22.7 million in the third quarter of 2022, or 36 cents per share.…


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