Reports Q1 revenue $251.1M, consensus $250.09M. “I am pleased with our solid first quarter results, that reflected improving demand trends, strong business fundamentals and disciplined execution in a dynamic environment,” said Hong Hou, president and chief executive officer. “At the same time, we continue investing strategically in innovation, go-to-market capabilities, and operational scale-laying a strong foundation for sustained growth and long-term value creation.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SMTC:
- Semtech options imply 10.4% move in share price post-earnings
- Semtech price target raised to $40 from $30 at Morgan Stanley
- Options Volatility and Implied Earnings Moves Today, May 27, 2025
- Options Volatility and Implied Earnings Moves This Week, May 27 – May 30, 2025
- SMTC Upcoming Earnings Report: What to Expect?