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.

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Earnings data Q1 2025

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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

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A sharp, bullish upturn in sentiment for chip stocks benefited the company. What also helped was a positive research note authored by an analyst.

Why Semtech Stock Was Winning Big This Week

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Announces Second Quarter of Fiscal Year 2025 Conference Call.

Semtech Announces Second Quarter of Fiscal Year 2025 Conference Call

Impinj

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CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Announces Closing of Private Exchanges of Convertible Notes Due 2028.

Semtech Announces Closing of Private Exchanges of Convertible Notes Due 2028

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The concept of the Internet of Things is transforming our lives and will continue to do so as the WEF, G20 and others smarten up cities. The demand for smart devices will rise in these smart cities worldwide.

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The mean of analysts' price targets for Semtech (SMTC) points to a 35.4% 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.

Wall Street Analysts Predict a 35.43% Upside in Semtech (SMTC): Here's What You Should Know

Semtech (SMTC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Semtech (SMTC) Upgraded to Buy: Here's What You Should Know

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Announces Private Exchanges of Convertible Notes Due 2028.

Semtech Announces Private Exchanges of Convertible Notes Due 2028

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Upgraded rating from hold to buy based on positive industry trends and evidence of growth recovery. Expecting continued positive sequential growth for Semtech, supported by strong bookings and healthy channel inventories. Target price of ~$48 based on modeling for FY27 EBITDA, with expectations of growth acceleration in FY26/27 and EBITDA margins recovery.

Semtech: More Confidence In The Industry Turning Around (Rating Upgrade)

Dublin, June 11, 2024 (GLOBE NEWSWIRE) -- The "Cellular and LPWA IoT Device Ecosystems - 8th Edition" report has been added to ResearchAndMarkets.com's offering.

Cellular and LPWA IoT Device Ecosystems Report 2024: The Five Largest Cellular Module Vendors - Quectel, Fibocom, Telit Cinterion, Semtech and u-blox - held a Market Share of 72% in Terms of Revenue

Semtech stock reported a smaller-than-expected loss yesterday, but still lost money. It's probably going to lose money for all of this year as well.

Why Semtech Stock Just Crashed 20%

The termination without cause isn't related to a violation of Semtech's code of conduct or Semtech's operational or financial performance, and shouldn't impact any previous financial statements, the chipmaker said.

Semtech Stock Dives. Its CEO Is Leaving Abruptly.

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (“Semtech” or the “Company”) (Nasdaq: SMTC), a high-performance semiconductor, IoT systems, and connectivity service provider, today announced the appointment of Dr. Hong Q. Hou, a current member of the Semtech Board of Directors, as President and Chief Executive Officer, effective June 6, 2024. Dr. Hou's appointment follows Paul H. Pickle's departure as President and Chief Executive Officer. “We are pleased to have made measurable progres.

Semtech Appoints Semiconductor Industry Leader, Hong Q. Hou, as President and CEO

Semtech exceeded expectations on Q1 earnings last night, and investors were at first overjoyed. Semtech still lost money, however, and while that may change, it's likely to lose money this year.

Why Semtech Stock Popped, Then Dropped, on Thursday

Semtech's (SMTC) fiscal first-quarter results benefit from strong momentum across the infrastructure and consumer markets amid softness in the industrial market.

Semtech (SMTC) Q1 Earnings Beat Estimates, Sales Dip Y/Y

Sprinklr

Shares of software firm Sprinklr were tumbling, while shares of chip-parts maker Semtech jumped after earnings.

Sprinklr and Semtech Earnings Show a Split Between Software and Chip Stocks

Semtech's near-term growth rates are expected to be less negative than previously assumed, leading to a jump in share price. However, the company is burdened with a mountain of debt and insufficient free cash flow to service it. The company's financial challenges, including high debt levels and negative revenue growth rates, make it difficult to remain optimistic about Semtech's prospects.

Semtech Q1 Earnings: Chipmaker On Shaky Ground, I'll Pass (Rating Downgrade)

Shares of Semtech Co. NASDAQ: SMTC had been stuck in limbo until recently. For the past two years, the stock struggled to break out of its $20 to $30 price channel.

Semtech Stock's Breakout Could Have Another Leg Higher

Semtech Corporation (NASDAQ:SMTC ) Q1 2025 Earnings Conference Call June 5, 2024 5:00 PM ET Company Participants Mark Lin - Executive Vice President & Chief Financial Officer Paul Pickle - President & Chief Executive Officer Conference Call Participants Harsh Kumar - Piper Sandler Tore Svanberg - Stifel Quinn Bolton - Needham & Company Rick Schafer - Oppenheimer & Company Cody Acree - The Benchmark Company Tristan Gerra - Baird Craig Ellis - B. Riley Securities Scott Searle - ROTH Capital Partners Anthony Stoss - Craig-Hallum Operator Greetings.

Semtech Corporation (SMTC) Q1 2025 Earnings Call Transcript

The headline numbers for Semtech (SMTC) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Semtech (SMTC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Announces First Quarter of Fiscal Year 2025 Results.

Semtech Announces First Quarter of Fiscal Year 2025 Results

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CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Announces First Quarter of Fiscal Year 2025 Conference Call.

News for Semtech Stock (SMTC)