Semtech Q3: Steady Performance, Stock Dips

Semtechs Q3 2025 sales met Wall Streets expectations, with a 12.8% revenue increase to $267M. Q4 revenue is projected at $273M, a 2.7% rise from estimates. Non-GAAP profit per share of $0.48 beat predictions by 7.9%. Despite a slowing growth rate for the third consecutive quarter, Semtechs inventory levels improved, with Days Inventory Outstanding at 132 days, 21 days below its five-year average. The stock traded down by 4.1% post-report, closing at $67.24.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.