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Semtech to Report Q1 Earnings: What's in the Cards for the Stock?
ZACKS· 2025-05-22 15:41
Semtech Corporation (SMTC) is scheduled to report first-quarter fiscal 2026 results after market close on May 27.For first-quarter fiscal 2026, Semtech expects net sales of $250 million (+/- $5 million), indicating 21% year-over-year growth. The Zacks Consensus Estimate for revenues is pegged at $249.79 million, indicating a rise of 21.20% from the year-ago quarter.SMTC anticipates non-GAAP earnings per share to be 37 cents (+/- 3 cents). The consensus mark for the same is pegged at 38 cents, unchanged over ...
What Analyst Projections for Key Metrics Reveal About Semtech (SMTC) Q1 Earnings
ZACKS· 2025-05-21 14:16
Wall Street analysts expect Semtech (SMTC) to post quarterly earnings of $0.38 per share in its upcoming report, which indicates a year-over-year increase of 533.3%. Revenues are expected to be $249.79 million, up 21.2% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Ahead of a company's earnings disclosure, it is cru ...
Contact Levi & Korsinsky by April 22, 2025 Deadline to Join Class Action Against Semtech Corporation(SMTC)
Prnewswire· 2025-04-22 09:45
NEW YORK, April 22, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Semtech Corporation ("Semtech Corporation" or the "Company") (NASDAQ: SMTC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Semtech Corporation investors who were adversely affected by alleged securities fraud between August 27, 2024 and February 7, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/semt ...
Class Action Filed Against Semtech Corporation (SMTC) Seeking Recovery for Investors – Contact Levi & Korsinsky
GlobeNewswire News Room· 2025-04-21 16:58
Core Viewpoint - A class action securities lawsuit has been filed against Semtech Corporation, alleging securities fraud that negatively impacted investors between August 27, 2024, and February 7, 2025 [1][2]. Group 1: Allegations - The lawsuit claims that Semtech's CopperEdge products failed to meet the needs of its server rack customers and end users [2]. - It is alleged that the CopperEdge products required changes in rack architecture, which would hinder sales growth during fiscal 2026 [2]. - The complaint states that due to these issues, sales of CopperEdge products would be lower than expected, and the company's positive statements regarding its business and prospects were misleading [2]. Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until April 22, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Law Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Lost Money on Semtech Corporation(SMTC)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm
Prnewswire· 2025-04-21 09:45
NEW YORK, April 21, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Semtech Corporation (NASDAQ: SMTC).Shareholders who purchased shares of SMTC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/semtech-corporation-loss-submission-form/?id=143814&from=4CLASS PERIOD: August 27, 2 ...
SMTC IMPORTANT DEADLINE: ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Semtech Corporation Investors to Secure Counsel Before Important April 22 Deadline in Securities Class Action – SMTC
GlobeNewswire News Room· 2025-04-20 20:41
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Semtech Corporation securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The class action lawsuit against Semtech Corporation has been filed, and investors who purchased securities between August 27, 2024, and February 7, 2025, may be entitled to compensation without any out-of-pocket fees [1][2]. - Investors wishing to serve as lead plaintiff must file a motion with the Court by April 22, 2025 [2]. Group 2: Allegations Against Semtech - The lawsuit alleges that Semtech made false and misleading statements regarding its CopperEdge products, which did not meet customer needs and required architectural changes [4]. - As a result of these issues, it is claimed that sales of CopperEdge products would not meet expectations for the 2026 fiscal year, leading to lower-than-expected sales [4]. - The lawsuit asserts that the positive statements made by Semtech about its business and prospects were materially misleading [4]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [3]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [3]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in litigation [3].
SMTC Deadline: SMTC Investors Have Opportunity to Lead Semtech Corporation Securities Fraud Lawsuit
Prnewswire· 2025-04-20 16:02
Group 1 - The Rosen Law Firm is reminding purchasers of Semtech Corporation securities from August 27, 2024, to February 7, 2025, about the April 22, 2025, lead plaintiff deadline for a class action lawsuit [1][2] - Investors who purchased Semtech securities during the specified period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1][2] - The lawsuit alleges that Semtech made false and misleading statements regarding its CopperEdge products, which did not meet customer needs and would result in lower-than-expected sales [4] Group 2 - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [3] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone, and has been recognized for its performance in securities class action settlements [3] - The lawsuit claims that the misleading statements by Semtech led to investor damages when the true details about the CopperEdge products were revealed [4]
Lost Money on Semtech Corporation(SMTC)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
Prnewswire· 2025-04-18 09:45
NEW YORK, April 18, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Semtech Corporation ("Semtech Corporation" or the "Company") (NASDAQ: SMTC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Semtech Corporation investors who were adversely affected by alleged securities fraud between August 27, 2024 and February 7, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/semt ...
SMTC Deadline in 5 Days: Kessler Topaz Meltzer & Check, LLP Reminds Semtech Corporation (SMTC) Investors of Filing Deadline in Class Action Lawsuit
GlobeNewswire News Room· 2025-04-17 20:01
RADNOR, Pa., April 17, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that securities class action lawsuits have been filed in the United States District Court for the Central District of California against Semtech Corporation (“Semtech”) (NASDAQ: SMTC) on behalf of those who purchased or otherwise acquired Semtech securities between August 27, 2024, and February 7, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is April 22, 20 ...
April 22, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against SMTC
Prnewswire· 2025-04-17 09:45
NEW YORK, April 17, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Semtech Corporation (NASDAQ: SMTC).Shareholders who purchased shares of SMTC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/semtech-corporation-loss-submission-form/?id=143330&from=4CLASS PERIOD: August 27, 2 ...