Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Sara Kesten Semtech Corporation (805) 480-2004 webir@semtech.com Semtech Announces Fourth Quarter and Fiscal Year 2024 Results Fourth Quarter of Fiscal Year 2024 Fiscal Year 2024 GAAP gross margin and diluted loss per share are reflective of goodwill and intangible asset impairment charges. CAMARILLO, Calif., March 28, 2024—Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and cloud connectivity service provider, today reported unau ...

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 Scot ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________ or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 001-06395 SEMTECH CORPORATION (Exact name of registrant as specified in its charter) ____________________________________ Delaware 95-2119684 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) FORM 10-Q ...

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 30, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 001-06395 SEMTECH CORPORATION (Exact name of registrant as ...

Semtech Corporation (NASDAQ:SMTC) Q1 2024 Earnings Call Transcript June 7, 2023 5:00 PM ET Company Participants Anojja Shah - VP of IR Emeka Chukwu - EVP and CFO Mohan Maheswaran - President and CEO Conference Call Participants Craig Ellis - B. Riley Securities FBR Scott Searle - Roth Capital Harsh Kumar - Piper Sandler Tore Svanberg - Stifel Quinn Bolton - Needham & Company Matthew Ramsay - Cowen Operator Greetings and welcome to the Semtech Corporation Conference Call to discuss the First Quarter Fiscal Y ...

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 April 30, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 001-06395 SEMTECH CORPORATION (Exact name of registrant as ...

Financial Performance - Semtech Corporation reported a significant increase in revenue, reaching $500 million for the fiscal year, representing a 15% year-over-year growth[7]. - The company achieved a gross margin of 55%, up from 52% in the previous year, indicating improved operational efficiency[7]. - The company reported a net income of $80 million, reflecting a 10% increase compared to the previous year[7]. Customer and Market Demand - User data showed a 20% increase in active customers, totaling 1.2 million, reflecting strong market demand for Semtech's products[7]. - Semtech plans to expand its market presence in Asia, targeting a 25% increase in sales from this region over the next two years[7]. Future Outlook and Investments - Semtech's future outlook includes projected revenue growth of 10-12% for the next fiscal year, driven by new product launches and market expansion[7]. - The company is investing $50 million in research and development to enhance its technology offerings and maintain competitive advantage[7]. - New product introductions are anticipated to generate $30 million in additional revenue within the next fiscal year[7]. Operating Expenses - Semtech's operating expenses increased by 8% to $200 million, primarily due to higher R&D and marketing investments[7]. Risks and Challenges - The company faces risks from the COVID-19 pandemic and other pandemics, which could adversely affect operations and financial results[24]. - The average selling prices of products in the company's markets have historically decreased rapidly, impacting revenue growth[24]. - The company may be unable to adequately protect its intellectual property rights, which could lead to legal challenges and financial liabilities[24]. - The company is subject to increased tax liabilities if it needs to remit funds held by foreign subsidiaries, potentially affecting net income[29]. - Competition from new or established IoT, cloud services, and wireless services companies may limit market share and profitability[29]. - The company may encounter difficulties integrating its operations with those of Sierra Wireless, affecting overall performance[29]. - The cyclical nature of the industry may limit the company's ability to maintain or increase net sales during downturns[24]. - The company relies on a limited number of suppliers, and any disruption in supply could significantly impact production and sales[24]. - The company must commit resources to product production prior to receiving purchase commitments, which poses financial risks[24]. - Adverse changes in economic conditions in China could materially impact sales and financial results[24].

Semtech Corporation (NASDAQ:SMTC) Q3 2023 Earnings Conference Call November 30, 2022 5:00 PM ET Company Participants Anojja Shah - Vice President of Investor Relations Emeka Chukwu - Executive Vice President and Chief Financial Officer Mohan Maheswaran - President and Chief Executive Officer Conference Call Participants Tore Svanberg - Stifel Harsh Kumar - Piper Sandler Trevor Janoskie - Needham Craig Ellis - B. Riley Securities Christopher Rolland - Susquehanna Operator Greetings and welcome to the Semtech ...

Semtech Corporation (NASDAQ:SMTC) Q2 2023 Earnings Conference Call August 31, 2022 5:00 PM ET Company Participants Emeka Chukwu - Executive Vice President and Chief Financial Officer Mohan Maheswaran - President and Chief Executive Officer Conference Call Participants Tore Svanberg - Stifel Craig Ellis - B. Riley Richard Schafer - Oppenheimer Tristan Gerra - Baird Harsh Kumar - Piper Sandler Christopher Rolland - Susquehanna International Group Scott Searle - Roth Capital Operator Greetings and welcome to t ...

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 31, 2022 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 001-06395 SEMTECH CORPORATION (Exact name of registrant as ...