Why Is Semtech (SMTC) Up 11.9% Since Last Earnings Report?
Semtech(SMTC) ZACKS·2024-09-27 00:31
It has been about a month since the last earnings report for Semtech (SMTC) . Shares have added about 11.9% 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 the most recent earnings report in order to get a better handle on the important catalysts. Semtech's Q2 Earnings Beat, Sales Dip Y/Y Semtech C ...