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 ...

Wall Street analysts expect Semtech (SMTC) to post quarterly earnings of $0.10 per share in its upcoming report, which indicates a year-over-year decline of 9.1%. Revenues are expected to be $212.42 million, down 10.9% from the year-ago quarter. The consensus EPS estimate for the quarter has undergone a downward revision of 3.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Before a ...

The period was almost a "throw a dart blindfolded and hit a successful stock" time for semiconductor businesses. A general recovery in semiconductor stocks and a positive analyst note was the one-two combination Semtech (SMTC 7.60%) stock needed to have a good week on the market. The company's share price was almost 19% higher week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence. A change in semi sentiment The mid-summer period was hard on many semiconductor ...

While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice. Here's What You May Not Know About Analysts' Price Targets The mean estimate comprises 10 short-term price targets with a standard deviation of $8.35. While the lowest estimate of $30 indicates a 17.4% decline from the current price lev ...