Core Viewpoint - Semtech Corporation (SMTC) reported strong fourth-quarter fiscal 2025 earnings, leading to a 21.06% increase in share price to $39.60, driven by operational efficiency and effective expense management [1][2]. Financial Performance - SMTC's non-GAAP earnings for Q4 fiscal 2025 were 40 cents per share, exceeding Zacks Consensus Estimate by 25% and management's guidance of 32 cents, significantly up from 6 cents in the same quarter last year [2]. - The company's revenues for Q4 fiscal 2025 reached $251 million, beating the Zacks Consensus Estimate by 1.25% and aligning with management's guidance of $250 million, reflecting a 30.1% year-over-year growth [3]. Revenue Breakdown - Revenue from the infrastructure market was $69.1 million (27.5% of net sales), showing a 75% year-over-year increase, primarily due to demand for data centers and expansion in the FiberEdge portfolio [5]. - Sales from the industrial market totaled $146.6 million (58.4% of net sales), marking a 21% year-over-year growth [5]. - High-end consumer market sales were $35.4 million (14.1% of net sales), up 10% year over year, driven by strong market demand and contributions from design wins [6]. Product Line Performance - Signal Integrity sales were $72.5 million (28.9% of net sales), up 69.4% year over year [7]. - Analog Mixed Signal & Wireless sales reached $85.4 million (35% of net sales), reflecting a 34% year-over-year increase [7]. - IoT System and Connectivity sales were $93.1 million (37.09% of net sales), up 3.8% year over year [7]. Margin Analysis - The non-GAAP gross margin improved to 53.2%, expanding 430 basis points year over year and 80 basis points sequentially [8]. - The non-GAAP operating margin was reported at 19.9%, compared to 9.2% in the same quarter last year [8]. Balance Sheet and Cash Flow - As of January 26, 2025, cash and cash equivalents increased to $151.7 million from $136.5 million as of October 27, 2024 [9]. - Long-term debt decreased to $505.9 million from $1.19 billion in the previous quarter [10]. - Operating cash flow for the quarter was $33.5 million, while free cash flow was $30.9 million [10]. Future Guidance - For Q1 fiscal 2026, Semtech expects net sales of $250 million (+/- $5 million), indicating a 21% year-over-year growth, with the Zacks Consensus Estimate at $248.80 million [11]. - The company anticipates a non-GAAP gross margin of 53% (+/- 50 bps) and a non-GAAP operating margin of 18.2%, suggesting a 600 basis points year-over-year improvement [12]. - Non-GAAP earnings are projected at 37 cents (+/- 3 cents) per share, compared to the consensus mark of 32 cents, indicating an improvement from 6 cents in the year-ago quarter [13].

Core Viewpoint - Securities class action lawsuits have been filed against Semtech Corporation for allegedly making materially false and misleading statements regarding its business operations and product performance during the specified class period from August 27, 2024, to February 7, 2025 [1][2]. Group 1: Allegations Against Semtech - The complaint claims that Semtech's CopperEdge products did not meet the needs of its server rack customers or end users [2]. - It is alleged that the CopperEdge products required changes in rack architecture, which were not disclosed to investors [2]. - As a result of these issues, sales of CopperEdge products are expected to be lower than anticipated, contradicting previous positive statements made by the company [2]. Group 2: Legal Process for Investors - Semtech investors have until April 22, 2025, to seek appointment as lead plaintiff representatives in the class action [3]. - A lead plaintiff acts on behalf of all class members and typically has the largest financial interest in the case [3]. - Investors can choose to remain absent class members without affecting their ability to share in any recovery [3]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has recovered billions for victims of corporate misconduct [4]. - The firm emphasizes its commitment to protecting investors and consumers from fraud and negligence [4].

Investors who purchased Semtech stock between August 27, 2024 and February 7, 2025 may be eligible for compensationMARLTON, N.J., March 14, 2025 /PRNewswire/ -- Console & Associates, P.C. is investigating potential claims against Semtech Corporation (NASDAQ: SMTC) on behalf of investors who purchased the stock during the period of August 27, 2024 through February 7, 2025 (the "Class Period"). Investors who suffered significant losses are encouraged to contact the securities attorneys at Console & Associates ...

Semtech (SMTC) Q4 2025 Earnings Call March 14, 2025 03:53 AM ET Company Participants Mark Lin - Executive VP & CFOHong Hou - President & CEOTimothy Arcuri - Managing DirectorTyler Bomba - Equity Research AssociateStacy Che - Senior AssociateKyle Smith - Research Associate Conference Call Participants Harsh Kumar - Managing Director & Senior Research AnalystQuinn Bolton - Senior AnalystChristopher Rolland - Senior Equity AnalystCody Acree - Equity Research Analyst Operator Good day, and thank you for standin ...

Financial Data and Key Metrics Changes - For Q4, the company recorded net sales of $251 million, up 6% sequentially and up 33% year over year [39][41] - Adjusted gross margin was 53.2%, up 80 basis points sequentially and up 430 basis points year over year [40] - Adjusted operating income was $49.8 million, resulting in an adjusted operating margin of 19.9%, up 160 basis points sequentially and up 1070 basis points year over year [40] - Adjusted diluted earnings per share increased to 40 cents, up from 26 cents in Q3 and up from a loss of 6 cents in Q4 of the previous year [41][42] - Net debt was reduced to $411 million, a decrease of 68% from $1.3 billion at the end of FY 2024 [42][43] Business Line Data and Key Metrics Changes - Infrastructure net sales for Q4 were $69.1 million, up 5% sequentially and up 75% year over year [16] - Data center net sales reached a record $50 million, up 16% sequentially and up 183% year over year [16] - High-end consumer net sales for Q4 were $35.4 million, up 10% year over year, with FY 2025 net sales at $147 million, up 17% year over year [22][25] - Industrial net sales for Q4 were $146.6 million, up 12% sequentially and up 21% year over year, with LoRa-enabled solutions recording Q4 net sales of $37.1 million, up 28% sequentially and up 205% year over year [27][28] Market Data and Key Metrics Changes - The company expects net sales from the infrastructure end market to increase sequentially, with data center applications leading growth [44] - The high-end consumer end market is expected to see slight increases reflective of seasonality, while the industrial end market is anticipated to decline due to seasonality in the IoT portfolio [45] Company Strategy and Development Direction - The company is focused on three core priorities: portfolio optimization and simplification, strategic investment in R&D, and driving margin expansion through operational leverage and AI [11][15] - The company aims to enhance profitability through portfolio optimization and leveraging AI for efficiency [15] - The company is prioritizing divestitures of non-core assets to improve balance sheet strength and operational focus [10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the trajectory of the business, citing strong fundamentals and a favorable market environment [65] - The company anticipates continued growth in the data center segment despite temporary headwinds from the Copper Edge portfolio [70] - Management highlighted the importance of customer engagement and innovation in driving future growth [102] Other Important Information - The company achieved a significant milestone with the 5G Redcap certification in collaboration with AT&T and Qualcomm, positioning it for scalable solutions across industries [36] - The company is actively engaged with over 20 potential customers for its CopperEdge portfolio, indicating a strong interest in new applications [58] Q&A Session Summary Question: Can you expand on the Copper Edge portfolio and its future? - Management indicated that revenue for Copper Edge is expected to be below $50 million in FY 2026, with ongoing engagement with over 20 customers for various applications [56][58] Question: What is the outlook for the core business and growth visibility? - Management expressed confidence in the core business's growth trajectory, with expectations for continued sequential growth across various segments [62][65] Question: Can you provide timing on the upcoming revenue step change in the data center? - Management noted that while there may be temporary bumps in the Copper Edge segment, overall data center growth is expected to continue [70] Question: How is the company approaching portfolio rationalization? - Management stated that they are patient in their approach to rationalization, focusing on strategic synergies rather than distressed sales [76] Question: What is the outlook for LoRa and its recent growth? - Management attributed the strong growth in LoRa to customer focus and new product development, with expectations for continued year-over-year growth [102][156]

Semtech (SMTC) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this chipmaker would post earnings of $0.24 per share when it actually produced earnings of $0.26, delivering a surprise of 8.33%.Over the last four quarters, the company has surpassed ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Sara Kesten Semtech Corporation (805) 480-2004 webir@semtech.com Semtech Announces Fourth Quarter and Fiscal Year 2025 Results Fourth Quarter of Fiscal Year 2025 Fiscal Year 2025 | (in millions, except per share data) | | Q4'25 | | Q3'25 | | Q4'24 | | FY'25 | | FY'24 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Net sales | $ | 251.0 | $ | 236.8 | $ | 192.9 | $ | 909.3 | $ | 868.8 | | Non-GAAP Financial Results | | | | | | | | | | | | Adj ...

Core Viewpoint - A securities class action lawsuit has been filed against Semtech Corporation for alleged issues related to its CopperEdge product sales during the specified Class Period [1][3]. Company Overview - Semtech Corporation is headquartered in Camarillo, California, and operates in the semiconductor, digital systems, and cloud connectivity sectors. The company offers a range of products, including CopperEdge, which is utilized in active copper cables [2]. Class Action Details - The lawsuit pertains to investors who purchased Semtech securities between August 27, 2024, and February 7, 2025. Investors have until April 22, 2025, to seek appointment as lead plaintiff [1][2]. - The lead plaintiff represents the interests of all class members and typically has the largest financial stake in the case [4]. Sales Performance and Stock Impact - On February 7, 2025, Semtech announced that CopperEdge sales would not meet previously expected levels, forecasting sales to be lower than the estimated $50 million due to necessary architectural changes [3]. - Following this announcement, Semtech's stock price dropped by $16.91, or 31%, closing at $37.60 per share on February 10, 2025 [3].

NEW YORK, March 13, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Semtech Corporation (NASDAQ: SMTC).Shareholders who purchased shares of SMTC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/semtech-corporation-loss-submission-form/?id=135493&from=4 CLASS PERIOD: August 27, ...

Core Viewpoint - Securities class action lawsuits have been filed against Semtech Corporation for allegedly making materially false and misleading statements regarding its business operations and product performance during the specified Class Period [1][3]. Group 1: Allegations Against Semtech - The complaint claims that Semtech's CopperEdge products did not meet customer needs, requiring changes in rack architecture [3]. - It is alleged that sales of CopperEdge products would not increase as expected during fiscal 2026, leading to lower-than-anticipated sales [3]. - The positive statements made by Semtech regarding its business and prospects are claimed to be materially misleading and lacking a reasonable basis [3]. Group 2: Legal Process and Participation - Investors in Semtech have until April 22, 2025, to seek appointment as lead plaintiff representatives in the class action [4]. - A lead plaintiff is defined as a representative party acting on behalf of all class members, typically the investor or group with the largest financial interest [4]. - Participation as a lead plaintiff does not affect the ability of other investors to share in any recovery from the lawsuit [4].