US8168501018 - Common Stock
Curious about the stocks that are showing activity after the closing bell on Monday?
Semiconductor company Semtech (NASDAQ:SMTC) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 17.9% year on year to $236.8 million. On top of that, next quarter’s revenue guidance ($250 million at the midpoint) was surprisingly good and 3.3% above what analysts were expecting. Its non-GAAP profit of $0.26 per share was 11.7% above analysts’ consensus estimates.
Semiconductor company Semtech (NASDAQ:SMTC) will be announcing earnings results tomorrow after market hours. Here’s what to look for.
As Nvidia looks to maintain its lead in the AI data center market, it might need to fill some holes in its product lineup. Nvidia stock fell.
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the semiconductor manufacturing industry, including Semtech (NASDAQ:SMTC) and its peers.
The period was almost a "throw a dart blindfolded and hit a successful stock" time for semiconductor businesses.
These IoT stocks have been nothing short of impressive, outperforming their peers and the market. They could be beneficial to your portfolio.
IoT stocks are on the rise with innovations in smart cities and 5G networks, making them prime candidates for substantial gains.