Semtech Analysts Boost Their Forecasts After Q3 Earnings

Semtech Corp (NASDAQ:SMTC) reported mixed financial results for the third quarter of fiscal 2026 on Monday.Semtech reported third-quarter revenue of 267million,missinganalystestimatesof267 million, missing analyst estimates of 268.83 million. The company reported third-quarter adjusted earnings of 48 cents per share, beating estimates of 45 cents per share, according to Benzinga Pro."As power constraints intensify for our customers, we believe we are positioned to lead with ultra-power-efficient solutions spanning high-bandwidth data center ...