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Semtech ( (SMTC) ) has provided an announcement.
Semtech Corporation reported a strong third quarter for fiscal year 2025 with net sales reaching $236.8 million, marking a 10% sequential increase. The company saw record growth in its data center sector, with sales rising by 58% to $43.1 million. Despite a GAAP loss per share of $0.10, Non-GAAP earnings per share hit $0.26, reflecting effective market strategies and a focus on AI-driven demand. The results demonstrate Semtech’s strategic market positioning and commitment to expanding its market share amidst growing technical demands.
Learn more about SMTC stock on TipRanks’ Stock Analysis page.
