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Volterra Semiconductor Corp. (VLTR) Rose To A New High On Q4 Results

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Volterra Semiconductor Corp. (VLTR) reported fourth quarter non-GAAP net income of $0.30 per share after the close Monday, up from $0.21 per share last year. The consensus estimate was for EPS of $0.25.

Volterra Semiconductor gapped open higher Tuesday and climbed in early trade. Shares advanced further in the early afternoon and finished up by 1.91 at $30.77 on above average volume. The stock has been rising for the past week and a half and closed at a new high for the year.

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