Semtech rises after fourth-quarter results beat

ReutersMar 14, 2025 10:20 AM

Semiconductor company and cloud services provider Semtech's SMTC.O shares rise 12.5% to $36.80 premarket

Company on Thursday reported Q4 revenue of $251 million vs est $249.2 million, according to data compiled by LSEG

SMTC reported Q4 adj profit of 40 cents/shr vs est 32 cents/shr

Company's shares up 41.3% in past 12 months

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