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Actionable news in SMTC: Semtech Corporation,

Semtech beats Street 2Q forecasts

CAMARILLO, Calif. (AP) _ Semtech Corp. (SMTC) on Wednesday reported fiscal second-quarter net income of $9 million, after reporting a loss in the same period a year earlier.

The Camarillo, California-based company said it had profit of 14 cents per share. Earnings, adjusted for one-time gains and costs, were 35 cents per share.

The results exceeded Wall Street expectations...