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Why Is Semtech (SMTC) Up 2.2% Since Last Earnings Report?
SMTCSemtech(SMTC) ZACKS·2024-12-25 17:31

A month has gone by since the last earnings report for Semtech (SMTC) . Shares have added about 2.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Semtech due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Semtech's Q3 Earnings Beat, Sales Rise Y/YSemtech Corporati ...