Semtech (SMTC) late Tuesday smashed analyst estimates for its fiscal second quarter and with its outlook for the current period. Semtech stock rose in extended trades. The Camarillo, Calif.-based fabless chipmaker earned an adjusted 71 cents a share on sales of $341.9 million in the quarter ended July 26.
Analysts polled by FactSet were expecting Semtech earnings of 61 cents…
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