From Barchart: 2025-05-27 16:21:00

Semiconductor company Semtech (NASDAQ:SMTC) reported Q1 CY2025 revenue of $251.1 million, meeting analyst expectations. Sales were up 21.8% year on year. However, Q2 revenue guidance of $256 million fell short of estimates. Non-GAAP profit was $0.38 per share, in line with consensus. Inventory days outstanding were at 129, showing no excessive buildup. The stock dropped 3.5% to $37.45 post-earnings. Despite mixed results, the company is in an upcycle with strong sales growth. Analysts expect a slight revenue decline in the next 12 months. Consider valuation and business qualities before buying.



Read more at Barchart: Semtech (NASDAQ:SMTC) Reports Q1 In Line With Expectations But Quarterly Revenue Guidance Misses Expectations