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Semtech Corp (SMTC.OQ)

SMTC.OQ on NASDAQ Stock Exchange Global Select Market

32.85USD
16 Feb 2018
Change (% chg)

$-0.65 (-1.94%)
Prev Close
$33.50
Open
$33.35
Day's High
$33.65
Day's Low
$32.80
Volume
136,184
Avg. Vol
136,900
52-wk High
$41.65
52-wk Low
$31.30

Latest Key Developments (Source: Significant Developments)

Semtech Announces Q3 Earnings Per Share $0.20
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Semtech Corp ::SEMTECH ANNOUNCES THIRD QUARTER OF FISCAL YEAR 2018 RESULTS.SEES Q4 2018 NON-GAAP EARNINGS PER SHARE $0.40 TO $0.42.SEES Q4 2018 EARNINGS PER SHARE $0.08 TO $0.10.Q3 EARNINGS PER SHARE $0.20.Q3 NON-GAAP EARNINGS PER SHARE $0.54.Q3 EARNINGS PER SHARE VIEW $0.50 -- THOMSON REUTERS I/B/E/S.- SEES Q4 2018 GAAP ‍NET SALES IN RANGE OF $131.5 MILLION TO $135.5 MILLION​.- SEES Q4 2018 NON-GAAP NET SALES IN RANGE OF $138.0 MILLION TO $142.0 MILLION​.SAYS ‍FOR Q4 2018 GAAP CAPITAL EXPENDITURES ARE EXPECTED TO BE APPROXIMATELY $7.0 MILLION​.  Full Article

Semtech and Comcast sign deal to deploy trial network in US
Wednesday, 5 Oct 2016 

Semtech Corp - : Semtech and Comcast sign agreement to deploy trial Lorawan network in the United States . Updates Q3FY17 gaap guidance as a result of warrant . Upon successful completion of trials, network could be expanded to up to 30 U.S. cities within a period of 30 months . GAAP earnings per diluted share are now expected to be in range of $0.43 to $0.47 compared to prior range of $0.49 to $0.53 for Q3 2017 . Has agreed to grant Comcast a warrant to purchase 1.1 million shares of co's common stock at a purchase price per share equal to $0.01 . Deal provides warrant for Comcast to acquire up to $30 million of Semtech common stock . Semtech expects to record a reduction to its GAAP net sales of approximately $3.8 million in Q3 of fiscal year 2017 . Expects to record reduction to gaap net sales of about $3.8 million in Q3 2017, expected to reduce gaap earnings per share for Q3 by about $0.06 . Sees Q3 gaap net sales to be in range of $130.0 million to $138.0 million .Q3 earnings per share view $0.36, revenue view $138.5 million -- Thomson Reuters I/B/E/S.  Full Article

Semtech Q2 non-GAAP earnings per share $0.35
Wednesday, 31 Aug 2016 

Semtech Corp : Q2 non-GAAP earnings per share $0.35 . Q2 GAAP earnings per share $0.14 . Q2 sales $135.9 million versus I/B/E/S view $135.3 million . Q2 earnings per share view $0.33 -- Thomson Reuters I/B/E/S . Sees Q3 2017 non-GAAP earnings per share $0.34 to $0.38 . Sees Q3 2017 gaap earnings per share $0.49 to $0.53 . Sees Q3 2017 sales $134 million to $142 million . Sees Q3 capital expenditures to be about $10.0 million .Q3 net sales are expected to be in range of $134 million to $142 million.  Full Article

Semtech to divest its Snowbush IP business
Monday, 6 Jun 2016 

Semtech Corp :Semtech announces definitive agreement to divest its Snowbush IP business.  Full Article

Rambus to buy Snowbush IP assets in a deal valued at $32.5 mln
Monday, 6 Jun 2016 

Rambus Inc : Rambus to acquire Snowbush IP assets . Rambus Inc says deal valued at $32.5 million . To acquire assets of Semtech's Snowbush IP . Expects acquisition to be accretive within 18-24 months .Acquired technologies will be part of Rambus memory and interfaces division.  Full Article

Semtech posts Q1 non-gaap EPS of $0.30
Wednesday, 1 Jun 2016 

Semtech Corp : Q1 non-gaap earnings per share $0.30 . Q1 sales $131.1 million versus i/b/e/s view $128.4 million . Sees q2 2017 non-gaap earnings per share $0.30 to $0.36 . Sees q2 2017 sales $130 million to $140 million . Q2 earnings per share view $0.32, revenue view $133.1 million -- Thomson Reuters I/B/E/S . Semtech announces first quarter of fiscal year 2017 results . Q1 gaap earnings per share $0.11 . Q1 earnings per share view $0.27 -- Thomson Reuters I/B/E/S .Sees Q2 2017 gaap earnings per share $0.12 to $0.17.  Full Article

Semtech Corp gives Q1 2017 guidance
Wednesday, 2 Mar 2016 

Semtech Corp:Sees Q1 2017 Net sales are expected to be in the range of $124 million to $132 million.Sees Q1 2017 GAAP earnings per diluted share are expected to be in the range of $0.09 to $0.13.Sees Q1 2017 Non-GAAP earnings per diluted share are expected to be in the range of $0.26 to $0.30.Sees Q1 2017 Capital expenditures are expected to be approximately $8.0 million.  Full Article

French start-up Sigfox faces 5G juggernaut in Internet of Things

PARIS, Feb 14 French start-up Sigfox, which builds networks to connect washing machines and other objects to the internet, says it is struggling to meet its growth targets due to high expectations for alternative, forthcoming 5G services.