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Semtech Corp. (SMTC) Is Heading Higher On Better Than Expected Q2 Earnings

Semtech Corp. (SMTC) reported second quarter adjusted EPS of $0.55 after the bell Wednesday, which beat the consensus estimate of $0.54. The stock is now up 2.90 on 14K shares.

Semtech traded in a range throughout Wednesday's session and closed unchanged at $49.90.

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