$Semtech (SMTC.US)$Since only a single recent sharp increase...
$Semtech(SMTC.US$Since only a single recent sharp increase was excluded from the March 2022 analysis, the stock price has dropped 71% so far.
The balance sheet shows that the company carried out major acquisitions in 2023. Despite revenue growth, operating profit and net profit shrank by about half. Revenue continued to grow in the first 3 quarters of 2024, but operating profit and net profit fell into loss due to a sharp decline in gross margin.
Currently, looking at the negative effects of the acquisition, it will take time to digest, and it is not attractive for the time being.
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