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Console & Associates, P.C. Announces Investigation of Securities Fraud Claims Against Semtech Corporation (NASDAQ: SMTC)
Prnewswire· 2025-03-14 20:09
Investors who purchased Semtech stock between August 27, 2024 and February 7, 2025 may be eligible for compensationMARLTON, N.J., March 14, 2025 /PRNewswire/ -- Console & Associates, P.C. is investigating potential claims against Semtech Corporation (NASDAQ: SMTC) on behalf of investors who purchased the stock during the period of August 27, 2024 through February 7, 2025 (the "Class Period"). Investors who suffered significant losses are encouraged to contact the securities attorneys at Console & Associates ...
Semtech(SMTC) - 2025 Q4 - Earnings Call Transcript
2025-03-14 04:29
Semtech Corporation (NASDAQ:SMTC) Q4 2025 Earnings Conference Call March 13, 2025 4:30 PM ET Company Participants Mark Lin - EVP & CFO Hong Hou - President & CEO Conference Call Participants Harsh Kumar - Piper Sandler Tim Arcuri - UBS Quinn Bolton - Needham and Co. Christopher Rolland - Susquehanna International Group Cody Acree - The Benchmark Company Kyle Smith - Stifel Operator Good day, and thank you for standing by. Welcome to Semtech Corporation's Fourth Quarter and Fiscal Year 2025 Earnings Conferen ...
Semtech (SMTC) Surpasses Q4 Earnings and Revenue Estimates
ZACKS· 2025-03-13 22:25
Semtech (SMTC) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this chipmaker would post earnings of $0.24 per share when it actually produced earnings of $0.26, delivering a surprise of 8.33%.Over the last four quarters, the company has surpassed ...
Semtech(SMTC) - 2025 Q4 - Annual Results
2025-03-13 20:13
Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Sara Kesten Semtech Corporation (805) 480-2004 webir@semtech.com Semtech Announces Fourth Quarter and Fiscal Year 2025 Results Fourth Quarter of Fiscal Year 2025 Fiscal Year 2025 | (in millions, except per share data) | | Q4'25 | | Q3'25 | | Q4'24 | | FY'25 | | FY'24 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Net sales | $ | 251.0 | $ | 236.8 | $ | 192.9 | $ | 909.3 | $ | 868.8 | | Non-GAAP Financial Results | | | | | | | | | | | | Adj ...
NASDAQ: SMTC CLASS ACTION NOTICE: Berger Montague Encourages Semtech Corporation (NASDAQ: SMTC) Investors to Inquire About a Securities Fraud Class Action
Prnewswire· 2025-03-13 12:34
Core Viewpoint - A securities class action lawsuit has been filed against Semtech Corporation for alleged issues related to its CopperEdge product sales during the specified Class Period [1][3]. Company Overview - Semtech Corporation is headquartered in Camarillo, California, and operates in the semiconductor, digital systems, and cloud connectivity sectors. The company offers a range of products, including CopperEdge, which is utilized in active copper cables [2]. Class Action Details - The lawsuit pertains to investors who purchased Semtech securities between August 27, 2024, and February 7, 2025. Investors have until April 22, 2025, to seek appointment as lead plaintiff [1][2]. - The lead plaintiff represents the interests of all class members and typically has the largest financial stake in the case [4]. Sales Performance and Stock Impact - On February 7, 2025, Semtech announced that CopperEdge sales would not meet previously expected levels, forecasting sales to be lower than the estimated $50 million due to necessary architectural changes [3]. - Following this announcement, Semtech's stock price dropped by $16.91, or 31%, closing at $37.60 per share on February 10, 2025 [3].
Shareholders of Semtech Corporation Should Contact The Gross Law Firm Before April 22, 2025 to Discuss Your Rights - SMTC
Prnewswire· 2025-03-13 09:45
NEW YORK, March 13, 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=135493&from=4 CLASS PERIOD: August 27, ...
Class Action Reminder for SMTC Investors: Kessler Topaz Meltzer & Check, LLP Reminds Semtech Corporation (SMTC) Investors of Securities Fraud Class Action Lawsuit
GlobeNewswire News Room· 2025-03-12 17:29
Core Viewpoint - Securities class action lawsuits have been filed against Semtech Corporation for allegedly making materially false and misleading statements regarding its business operations and product performance during the specified Class Period [1][3]. Group 1: Allegations Against Semtech - The complaint claims that Semtech's CopperEdge products did not meet customer needs, requiring changes in rack architecture [3]. - It is alleged that sales of CopperEdge products would not increase as expected during fiscal 2026, leading to lower-than-anticipated sales [3]. - The positive statements made by Semtech regarding its business and prospects are claimed to be materially misleading and lacking a reasonable basis [3]. Group 2: Legal Process and Participation - Investors in Semtech have until April 22, 2025, to seek appointment as lead plaintiff representatives in the class action [4]. - A lead plaintiff is defined as a representative party acting on behalf of all class members, typically the investor or group with the largest financial interest [4]. - Participation as a lead plaintiff does not affect the ability of other investors to share in any recovery from the lawsuit [4].
Semtech Corporation Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 22, 2025 to Discuss Your Rights - SMTC
Prnewswire· 2025-03-12 09:45
NEW YORK, March 12, 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 Class Action Lawsuit Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Semtech Corporation (SMTC) Investors that a Securities Fraud Class Action Lawsuit Has Been Filed
Prnewswire· 2025-03-12 00:30
Core Viewpoint - Securities class action lawsuits have been filed against Semtech Corporation for allegedly making materially false and misleading statements regarding its business operations and product performance during the specified Class Period [1][2]. Group 1: Allegations Against Semtech - The complaint claims that Semtech's CopperEdge products did not meet the needs of its server rack customers or end users [2]. - It is alleged that the CopperEdge products required certain changes in rack architecture, which were not disclosed to investors [2]. - As a result of these issues, Semtech's sales of CopperEdge products are expected to be lower than anticipated, contradicting previous positive statements made by the company [2]. Group 2: Legal Process for Investors - Semtech investors have until April 22, 2025, to seek appointment as a lead plaintiff representative in the class action [3]. - A lead plaintiff is typically the investor or small group of investors with the largest financial interest in the case [3]. - Investors can choose to remain absent from the class action without affecting their ability to share in any potential recovery [3]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [4]. - The firm encourages affected Semtech investors to contact them for more information regarding the case [4].
Semtech Corporation Class Action: Levi & Korsinsky Reminds Semtech Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 22, 2025 – SMTC
GlobeNewswire News Room· 2025-03-10 17:12
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- 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- ...