Semtech Q3 Earnings Beat: Can Strong Guidance Lift the Stock?

Semtech Corporation (SMTC) reported third-quarter fiscal 2025 non-GAAP earnings of 26 cents per share, which surpassed the Zacks Consensus Estimate by 8.33%. The bottom line also exceeded management’s guidance of 23 cents and showed a robust improvement from the year-ago quarter’s earnings of 2 cents.The company's impressive bottom-line performance demonstrated its operational excellence and effective expense management.Semtech’s earnings beat the Zacks Consensus Estimate twice over the trailing four quarte ...