Semtech earnings are down, despite outdistancing third quarter estimates
IN THIS ARTICLE
- Technology Topic
- Jorge Mercado Author
By Jorge Mercado Friday, December 9th, 2022
By Jorge Mercado Senior Staff Writer Camarillo-based Semtech generated positive net income during the third quarter of 2022, even despite the fact its earnings and revenue fell year-over-year. Semtech, a semiconductor company specializing in Internet of Things applications, generated net income worth $22.7 million in the third quarter of 2022, or 36 cents per share.…