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Semtech raises Q3 fiscal 2027 adjusted EPS outlook to $1.14 and unveils FY30 targets
SMTCSemtech Corp
Semtech updated its third quarter fiscal 2027 financial outlook, raising net sales guidance by $7.5 million to $417.5 million and increasing adjusted diluted earnings per share expectations from $1.05 to $1.14. The company also introduced a long-term financial framework for fiscal year 2030, targeting $3.2 billion in consolidated net sales with a 64% to 66% compound annual growth rate in adjusted EPS and data center revenue CAGR of 75%. Semtech designs and manufactures semiconductors and analog-electronic components.