Semtech Corporation’s (SMTC) first-quarter fiscal 2025 non-GAAP earnings of 6 cents per share beat the Zacks Consensus Estimate of the break-even point. The bottom line increased 50% year over year. Net sales of $206.1 million surpassed the Zacks Consensus Estimate of$200.2 million. The figure decreased 12.9% from the prior-year quarter. Softness in the IoT Systems and Connectivity segments was a major concern. Sluggishness in the industrial end-market was a negative. Nevertheless, growing momentum in the ...