Semtech

Semtech Corp. engages in the manufacture and supply of analog and mixed signal semiconductor products for high-end consumer, enterprise computing, communications, and industrial equipment. The firm operates through the following business segments: Protection, Signal Integrity, and Wireless & Sensing. It offers signal integrity, protection, wireless and sensing, and power and high-reliability products. The company was founded in 1960 and is headquartered in Camarillo, CA.

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

SMTC reports strong Q1 performance, anticipates base station growth

SMTC's Q1 performance reflects strong revenue growth and exceeded earnings guidance. While facing challenges in certain end markets, the company demonstrated strength in the industrial segment and cost management. Opportunities lie in base station growth, cloud platform integration, and smart home connected spaces.

SMTC reports solid Q2 performance, anticipates revenue growth opportunities

SMTC's Q2 performance met net sales guidance, with strengths in Signal Integrity and Advanced sensing products. However, challenges lie in the softer demand environment and declining IoT systems. Opportunities include potential revenue growth, recovery of routers, and reimagining the execution plan for IoT. The company aims to discuss new long-term targets at an Analyst Day in the future.

Semtech meets Q3 expectations, eyes PON leadership and IoT market

Semtech's Q3 performance met expectations, driven by growth in infrastructure and high-end consumer net sales, while facing challenges in the industrial segment. The company's strengths lie in improved gross margin, strong cash balance, and strategic vision for growth. Opportunities include leading the PON space, capturing the IoT market, and financial optimization.

Semtech reports record FY '23 revenue amidst challenges and opportunities

Semtech's FY '23 performance reflects growth and challenges, with a focus on cost management and revenue diversification.
Opportunities lie in geographic expansion, gross margin improvement, and strategic acquisitions for future growth.
Challenges include weak demand environment, debt reduction focus, and headwinds in specific product segments.
Overall, Semtech aims for continued margin expansion and operational efficiency amidst market uncertainties.

Semtech reports robust Q1 earnings, eyes IoT growth and cost efficiency

Semtech's Q1 performance reflects strong revenue growth and operational efficiency improvements, despite macroeconomic challenges, showcasing resilience and adaptability.
Strategic focus on IoT business growth, cost management, and market expansion opportunities position Semtech for sustained profitability and market leadership in the semiconductor sector.
Challenges in consumer market revenue and inventory management underscore the need for strategic shifts and proactive measures to capture emerging opportunities and drive revenue growth.

Semtech exceeds Q2 expectations, navigates challenges for future growth

Semtech's Q2 performance reflects resilience amidst challenges, with a focus on operational efficiency and cost control.
While facing a softer demand environment and financial pressures, Semtech is strategically realigning operations for future growth.
The company's proactive approach to managing costs, optimizing operations, and exploring growth opportunities positions it well for the future.

Semtech exceeds Q3 earnings expectations, focuses on IoT growth

Semtech's Q3 performance showed strength in infrastructure and high-end consumer segments, offset by challenges in the industrial market.
Opportunities lie in IoT solutions, cellular backhaul, and strategic focus on module products for higher-margin sales.
Challenges include industrial sales decline, LoRa business hurdles, and ongoing cost-cutting efforts for future investments.
Overall, Semtech's strategic vision towards IoT solutions and market capture presents growth potential amid market challenges.

Semtech exceeds Q4 sales, eyes growth in PON and Sierra

Semtech's Q4 performance showed resilience with varied segment outcomes.
While facing challenges like impairment charges, opportunities in PON and Sierra business are promising.
Management's caution on stock buybacks and growth projections provide a balanced outlook.
Overall, Semtech's strategic moves position it for recovery and future growth.

Semtech reports strong Q1 performance, eyes growth opportunities ahead

Semtech's Q1 FY '25 performance was strong, with growth in key segments and positive financial indicators, positioning the company well for future opportunities.
While facing challenges in certain segments, Semtech's focus on active copper cables, Signal Integrity, and growth markets like China and LoRa offer avenues for expansion.
The company's strategic outlook, including gross margin catalysts and expectations for recovery in various business modules, sets the stage for continued growth and financial stability.

Semtech reports strong Q2 results and optimistic Q3 guidance

Semtech's Q2 performance reflects growth across key segments and a positive outlook for Q3.
The company's strengths in diversified revenue streams and operational efficiency position it well.
Challenges include competitive pressures and the need for continuous innovation.
Opportunities lie in emerging segments, collaborations, and market expansion for future growth.

Semtech surpasses Q3 expectations, eyes growth in key segments

Semtech's Q3 performance exceeded expectations with strong sales and margin growth
Strategic focus on customer engagement, operational excellence, and debt reduction
Opportunities lie in continued segment growth, product innovation, and market adoption
Challenges include maintaining momentum, balancing investments, and competitive pressures

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Announces Fourth Quarter of Fiscal Year 2024 Conference Call.

Semtech Announces Fourth Quarter of Fiscal Year 2024 Conference Call

Semtech's stock has bottomed out in terms of revenue and stock price movement, providing an attractive risk-reward opportunity, in my opinion. I think the company was guided down due to the inventory correction ahead of the peer group, and is now more likely to bounce back earlier. SMTC is also cheap compared to its peers, with a lower EV/Sales ratio.

Semtech: Time To Tune In - Initiating With A Buy

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems, and cloud connectivity service provider, today announces the AirLink® XR60 5G Router Solution, a breakthrough in networking technology designed to offer 5G and Wi-Fi 6 performance in an ultra-compact and ultra-rugged design for highly demanding environments. "Celebrating this release is particularly special for us at Semtech, formerly Sierra Wireless. The AirLink® XR60 isn't ju.

Semtech Announces the Launch of the AirLink® XR60, the World's Smallest Rugged 5G Router

MACOM Technology Solutions Holdings

The Analog/Mixed Signal Semiconductor industry is a mixed bag this year with much dependent on the economy, the macro situation and geopolitical issues. Long-term prospects remain solid.

Industrial, Auto Could Moderate a 2024 Rebound in Semiconductors

SkyWater Technology

Tower Semiconductor

While Nvidia (NASDAQ: NVDA ) may have stolen the spotlight when it comes to the best semiconductor stocks, it's not the only idea out there. Not to pick on the graphics processing specialist – it's doing just fine.

The 3 Best Semiconductor Stocks to Buy in January 2024

Semtech (SMTC) reported earnings 30 days ago. What's next for the stock?

Why Is Semtech (SMTC) Up 5.1% Since Last Earnings Report?

Splunk

Workday

The year 2023, in terms of technology, was an incredible year. It was the year in which artificial intelligence and other sectors within technology were boosted.

3 Tech Stocks to Make You the Millionaire Next Door: 2024 Edition

The mean of analysts' price targets for Semtech (SMTC) points to a 39.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

How Much Upside is Left in Semtech (SMTC)? Wall Street Analysts Think 39.21%

Semtech announced a surprise quarterly profit for its fiscal third quarter. Management also noted end-market demand is stabilizing for Semtech's semiconductor products.

Why Semtech Stock Popped 16% This Week

Semtech's (SMTC) fiscal third-quarter 2024 results benefit from strength in the IoT System and industrial market.

Semtech's (SMTC) Q3 Earnings Beat Estimates, Sales Rise Y/Y

Semtech Corporation (NASDAQ:SMTC ) Q3 2024 Earnings Conference Call December 6, 2023 5:00 PM ET Company Participants Mark Lin - Executive Vice President and Chief Financial Officer Paul Pickle - President and Chief Executive Officer Conference Call Participants Quinn Bolton - Needham & Company Tore Svanberg - Stifel Craig Ellis - B. Riley Securities Anthony Stoss - Craig-Hallum Capital Christopher Rolland - Susquehanna Rick Schafer - Oppenheimer Tristan Gerra - Robert W Baird Harsh Kumar - Piper Sandler Scott Searle - Roth MKM Operator Good day and thank you for standing by.

Semtech Corporation (SMTC) Q3 2024 Earnings Call Transcript

The headline numbers for Semtech (SMTC) give insight into how the company performed in the quarter ended October 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Semtech (SMTC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Semtech (SMTC) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.15 per share. This compares to earnings of $0.65 per share a year ago.

Semtech (SMTC) Tops Q3 Earnings Estimates

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation today reported unaudited financial results for its third quarter of fiscal year 2024.

Semtech Announces Third Quarter of Fiscal Year 2024 Results

CAMARILLO, Calif.--(BUSINESS WIRE)--Finance Executive Julie Garcia Ruehl Joins Semtech.

Semtech Adds Experienced Finance Leader to Board of Directors

Semtech is a small chip business that has exposure to multiple markets with long-term growth potential. However, at the moment, the company is trying to survive a downturn for its business.

1 Small Chip Stock Near Multi-Decade Lows -- Can It Rocket Higher From Here?

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and cloud connectivity service provider, announced plans to release the financial results of its third quarter of fiscal year 2024 after the close of the market on Wednesday, Dec. 6, 2023. The results will be released through Business Wire and posted at www.semtech.com. Semtech will host a conference call at 2 p.m. PT (5 p.m. ET) Wednesday, Dec. 6, 2023, to discuss its third qua.

Semtech Announces Third Quarter of Fiscal Year 2024 Conference Call

Semtech (SMTC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Semtech (SMTC) Q3 Earnings Expected to Decline

Avid Bioservices

DISH Network

Ligand Pharmaceuticals

Enviri Corp

Organon & Co

Arcus Biosciences

REGENXBIO

Vir Biotechnology

ViaSat

Xencor

It's been all about the biggest of the big S&P 500 stocks all year. But now, investors are starting to look for big gains from small stocks.

It's Small Stocks' Time To Rally — Analysts Like These 11 Best

Small cap tech concern, Semtech Corporation, has been hit by a downturn in the semiconductor cycle and an ill-timed acquisition of Sierra Wireless, resulting in violations of its net leverage credit covenants. The company has a new CEO, aggressive cost reduction initiatives, and signs that the semiconductor cycle may be bottoming, as well as recent insider buying in the shares. Semtech's stock has been down sharply, but analysts have mixed opinions on the company's future, with some optimistic about its prospects and others concerned about the acquisition and market demand.

Sizing Up Semtech Corporation

Broadcom

Ecovyst

Microchip Technology

NerdWallet

PROCEPT BioRobotics Corp

Zebra Technologies

With the innovation sector moving at full speed, it's time for investors to consider the best tech stocks to buy now but not necessarily for the reason you might assume. Yes, the exchange-traded fund Technology Select Sector SPDR Fund (NYSEARCA: XLK ) has easily outperformed the benchmark SPDR S&P 500 ETF Trust (NYSEARCA: SPY ) over the past five years, 159% to 68%.

The 7 Best Tech Stocks To Buy Now: October 2023

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation today provided comments on its third fiscal quarter 2024 outlook.

Semtech Comments on Third Fiscal Quarter 2024 Outlook

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation today announced the pricing of $250 million in aggregate principal amount of its 4.00% convertible senior notes due 2028.

Semtech Corporation Announces Pricing of Private Placement of $250 Million of New Convertible Senior Notes

Semtech shares fell to lows not seen since 2015 after the chipmaker and IoT solutions provider told investors it plans to take on $250 million in new debt. The company said Thursday that it intends to offer $250 million in convertible senior notes due in 2028.

Semtech shares sink to eight-year low on debt concerns

Semtech announced Thursday that it will take on $250 million in new debt. The company will use the money raised by selling that new debt to pay off old debt.

News for Semtech Stock (SMTC)