Semtech announces deals to provide LoRa to Chinese companies
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Semtech stock soars after beating Wall Street expectations
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Semtech selling new surge immunity product
Semtech announced a new product Sept. 20 aimed at meeting the surge immunity requirements for the telecommunications industry. The Camarillo semiconductor and Internet of Things company began offering a new product on its TClamp platform that protects data interfaces against quick electrical spikes and minimizes capacitive loading. The new product exceeds industry standard requirements and Read More →
Semtech shares fall despite rise in net income
Shares for Camarillo semiconductor and Internet of Things company Semtech fell more than 5 percent after the company reported a rise in net income but a lower than expected third quarter outlook. Net sales for the quarter ended July 30 increased 13 percent over its previous second quarter to $153.1 million, for a net income Read More →
Inphi stock up despite reporting net loss for quarter
Inphi stock shot up more than 4 percent Aug. 8 after the semiconductor company reported a 39 percent increase in revenues but still posted a $15 million net loss. Revenues grew to $84.4 million during the quarter ended June 30, compared to $60.5 million in the second quarter of 2016. Net income fell from nearly Read More →
Semtech acquires AptoVision Technologies
Semtech, a semiconductor and Internet of Things company based in Camarillo, signed a $28 million agreement to acquire AptoVision Technologies, a chip maker for high-definition displays based in Montreal. Semtech plans to finance the deal with cash on hand, including additional contingent payments of up to $47 million based on future financial targets, according to Read More →
Semtech earnings fall short of analyst estimates
Semtech announced first quarter 2018 earnings of $11.8 million June 1, a 71 percent increase over the previous first quarter for earnings per share of 18 cents — missing analyst estimates ranging from 28 to 41 cents per share. Net sales rose 9.6 percent to $143.8 million during the quarter ended April 30, after deducting Read More →
