Semtech Corporation (NASDAQ: SMTC) has announced that it will be releasing its financial results for the second quarter of 2025 on Tuesday 27th August 2024. The report will be made available after market close, allowing investors and analysts to evaluate the company's performance during this period.
The financial experts on Wall Street are predicting that the firm will likely report an estimated $0.09 profit per share for the second quarter. Additionally, it is anticipated that the company will reveal a $212.3 million revenue during the quarter.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $886.05 million. Additionally, they expect the company to reach profit of $0.67 per share for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.11. This figure was a result of the company's total revenue, which reached an impressive $238.37 million million during that specific period.
In addition, The firm will review the second quarter financial results on 27th August 2024 at 05:00 PM eastern time, in a conference call with public.
During Friday's trading, Semtech (SMTC) shares reached a low of $35.68 and a high of $36.93, along with a total volume of 1.29 million shares. The stock ended the regular trading session at $36.91, demonstrating an upturn of 4.56 percent.
