Semtech Corporation (NASDAQ:SMTC) Surpasses Earnings and Revenue Estimates

Semtech Corporation (NASDAQ:SMTC) reported an earnings per share (EPS) of $0.48, beating the estimated $0.44 and marking a significant improvement from the previous year.The company achieved revenue of $267 million, slightly above the forecast, showcasing consistent performance over the past four quarters.Semtech's financial metrics, including a P/E ratio of approximately 255.11 and a current ratio of about 2.43, indicate strong investor confidence and good short-term financial health.Semtech Corporation, l ...