Semtech Corporation (SMTC) shares hit a 52-week high of $48.24 on Wednesday and eventually closed at $47.47, up 116.6% year to date (YTD). Shares have outperformed the broader Zacks Computer & Technology sector's return of 23.1%. SMTC shares have also outperformed the Zacks Semiconductor – Analog and Mixed industry, as well as peers like Monolithic Power Systems (MPWR) , MACOM Technology Solutions (MTSI) and Analog Devices (ADI) in the same time frame. Shares of Monolithic Power Systems, MACOM Technology So ...

It has been about a month since the last earnings report for Semtech (SMTC) . Shares have added about 11.9% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Semtech due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Semtech's Q2 Earnings Beat, Sales Dip Y/Y Semtech C ...

Semtech's (SMTC) expanding portfolio offerings for the infrastructure end market bode well for its prospects. Through its Signal Integrity product group, SMTC offers optical and copper module ICs that support up to 1.6 Tb/s for Ethernet, Fibre Channel protocols in data center and broadband access applications as well as 4G, 5G and LTE applications for the infrastructure end market. In the first half of fiscal 2025, revenues from the infrastructure end market accounted for roughly 26% of revenues, which jump ...

Semtech (SMTC) shares have surged 93.8% year to date (YTD), outperforming the broader Zacks Computer and Technology sector's return of 19.4% and Zacks Semi-Analog & Mixed industry's appreciation of 4%. This phenomenal share price movement has been driven by solid performance across the Signal Integrity and Analog Mixed Signal & Wireless product lines. Strength in the LoRa technology was a plus. In the first half of fiscal 2025, net sales were $421.5 million, down 11.3% from the first half of fiscal 2024 due ...

In a market led by chip stocks, the Magnificent Seven, and AI, it's natural to want to find what might be the next big name in technology. Semtech NASDAQ: SMTC is a small to mid-cap firm in the semiconductor industry that specifically focuses on the Internet of Things (IoT) part of the market. Its shares have appreciated greatly in 2024, up 83%. Meanwhile, the Invesco PHLX Semiconductor ETF NASDAQ: SOXQ, a barometer for the industry, has returned around 9% this year. Get Semtech alerts: So, what are Semtech ...

Semtech (SMTC) reported $215.36 million in revenue for the quarter ended July 2024, representing a yearover-year decline of 9.7%. EPS of $0.11 for the same period compares to $0.11 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $212.42 million, representing a surprise of +1.38%. The company delivered an EPS surprise of +10.00%, with the consensus EPS estimate being $0.10. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________ FORM 10-Q ____________________________________ (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended July 28, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 | --- | --- | --- | |----------------------------------------------------------------------------|------------------ ...

Semtech Corporation's (SMTC) second-quarter fiscal 2025 non-GAAP earnings of 11 cents per share beat the Zacks Consensus Estimate by 10%. The bottom line declined 15.4% year over year. Net sales of $215.4 million surpassed the Zacks Consensus Estimate of $212.42 million. The figure declined 9.6% from the prior-year quarter's levels. However, SMTC provided positive guidance for third-quarter fiscal 2025. At the mid-point, it now expects growth in net sales, gross, operating and adjusted EBITDA margins. This ...

Semtech Corporation (NASDAQ:SMTC) Q2 2025 Earnings Conference Call August 27, 2024 5:00 PM ET Company Participants Mark Lin - Executive Vice President & Chief Financial Officer Hong Hou - President & Chief Executive Officer Conference Call Participants Quinn Bolton - Needham & Company Tore Svanberg - Stifel Christopher Rolland - Susquehanna Harsh Kumar - Piper Sandler Scott Searle - ROTH Capital Partners Craig Ellis - B. Riley Securities Gus Richard - Northland Capital Operator Greetings and welcome to the ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Sara Kesten Semtech Corporation (805) 480-2004 webir@semtech.com Semtech Announces Second Quarter of Fiscal Year 2025 Results • Net sales of $215.4 million, up 4% sequentially • GAAP gross margin of 49.0%, up 70 basis points sequentially and Non-GAAP gross margin of 50.4%, up 60 basis points sequentially • GAAP operating margin of 3.6%, up 210 basis points sequentially and Non-GAAP operating margin of 14.2%, up 200 basis points sequentially • GAAP diluted loss per ...