Semtech’s third-quarter profit falls 28 percent; shares fall on weaker guidance (Canadian Business) | After Hours Stock Market

Semtech’s third-quarter profit falls 28 percent; shares fall on weaker guidance (Canadian Business)

CAMARILLO, Calif. (AP) - Chip maker Semtech Corp. said Wednesday its third-quarter profit dropped 28 percent as sales notched 1 percent higher, but shares fell on weaker guidance.

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