Semtech Posts Mixed Q3 Results, Joins Zhihu, Nvidia And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
U.S. stock futures were lower this morning, with the Dow futures falling around 0.1% on Tuesday.Shares of Semtech Corp (NASDAQ:SMTC) fell sharply in pre-market trading as the company reported mixed financial results for the third quarter of fiscal 2026.Semtech reported third-quarter revenue of $267 million, missing analyst estimates of $268.83 million. The company reported third-quarter adjusted earnings of 48 cents per share, beating estimates of 45 cents per share, according to Benzinga Pro.Semtech shares ...