Semtech stock falls as loss forecast, while Street was expecting a profit

Semtech stock falls as loss forecast, while Street was expecting a profit

Upworthy

Published

Semtech Corp. shares fell Wednesday after the analog and mixed-signal chip maker forecast a loss for the current quarter while Wall Street expected a profit. Semtech SMTC, shares fell as much as 6% in the extended session after closing up 0.7% on Wednesday at $22.87. The company forecast an…

#semtechcorp #paulpickle #semtech #tdcowen #matthewramsay #ramsay #sierrawireless

Full Article