Semtech Jumps 18% After Strong Q4 Earnings, AI Dem…
From Financial Modeling Prep: 2025-03-14 12:46:00
Semtech (NASDAQ:SMTC) stock surged 18% after reporting Q4 results. Adjusted EPS was $0.40, beating estimates of $0.33. Revenue hit $251 million, slightly above the forecasted $250.18 million. Margins expanded to 53.2% from 48.9% due to operational efficiencies and product mix improvements.
For Q1, Semtech forecasts adjusted EPS between $0.34 and $0.40 and revenue of $245 million to $255 million. The semiconductor sector remains volatile as AI and machine learning drive demand for specialized chips. Market expectations align closely with Semtech’s outlook amid the industry’s growth.
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