NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- 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=138512&from=3  CLASS PERIOD: Aug ...

Financial Performance - Semtech Corporation reported a revenue of $XX million for the fiscal year, representing a YY% increase compared to the previous year[7]. - The company anticipates a revenue growth of ZZ% for the next fiscal year, driven by increased demand in the 5G infrastructure market[15]. - New product launches are expected to contribute an additional $AA million in revenue, with a focus on IoT and cloud services[7]. Investment and Development - The company has invested $BB million in research and development to enhance its product offerings and maintain competitive advantage[20]. - The acquisition of Sierra Wireless is expected to generate synergies of $DD million annually, enhancing operational efficiency[29]. Market Strategy - Semtech's market expansion strategy includes entering new geographic regions, which is projected to increase market share by CC%[7]. - User data analytics have shown a 10% increase in customer engagement with new products, indicating positive market reception[7]. Risks and Challenges - The company is facing risks related to supply chain disruptions, which could impact production capacity and revenue growth[22]. - Semtech's effective tax rate is projected to increase by EE% due to changes in tax legislation, potentially affecting net income[29]. - The company has identified key risks in international operations, particularly in China, which could adversely affect sales and financial results[23]. - The company faces risks related to macroeconomic conditions, including potential fluctuations in future results and stock price volatility[22]. - Disruptions in U.S. government operations could adversely affect the company's financial condition and results of operations[22]. - The company relies on a limited number of suppliers, and any interruption in supply could significantly impact business operations[22]. - The company may face challenges in developing and selling new products, which require lengthy qualification processes[22]. - Adverse economic conditions in China could materially impact sales and financial results, potentially increasing costs[23]. Regulatory and Compliance - The company is subject to various governmental regulations that impose operational and reporting requirements[25]. - Integration difficulties following the acquisition of Sierra Wireless, Inc. may hinder the realization of anticipated benefits[29]. - The company's indebtedness could adversely affect its financial condition and results of operations[29]. Forward-Looking Statements - The company emphasizes the importance of caution regarding forward-looking statements, which may not guarantee future performance or results[15]. - The consolidated financial statements are subject to interpretations and estimates that could materially impact reported results[16].

Core Viewpoint - Securities class action lawsuits have been filed against Semtech Corporation for allegedly making 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 typically the investor or group of investors with the largest financial interest and who are representative of the class [4]. - Participation as a lead plaintiff does not affect the ability of other investors to share in any recovery from the lawsuit [4]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is handling the class action and encourages affected Semtech investors to contact them for more information [5]. - The firm has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [5].

NEW YORK, March 24, 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=137699&from=4 CLASS PERIOD: August 27, ...

NEW YORK, March 21, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Semtech Corporation ("Semtech Corporation" or the "Company") (NASDAQ: SMTC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Semtech Corporation investors who were adversely affected by alleged securities fraud between August 27, 2024 and February 7, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/semt ...

RADNOR, Pa., March 20, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that securities class action lawsuits have been filed in the United States District Court for the Central District of California against Semtech Corporation (“Semtech”) (NASDAQ: SMTC) on behalf of those who purchased or otherwise acquired Semtech securities between August 27, 2024, and February 7, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is April 22, 20 ...

Core Viewpoint - Semtech has shown signs of recovery after a significant stock drop, with recent financial results exceeding expectations and a potential rebound in its stock price [2][11]. Financial Performance - Semtech reported adjusted earnings per share (EPS) of $0.40, which is 25% higher than the expected $0.32, and sales of $251 million, slightly above the forecast [3]. - The company's adjusted EPS guidance for the next quarter is nearly 9% higher than expected at the midpoint [4]. - Fiscal 2025 saw a 5% growth in full-year sales, with Q4 growth accelerating to nearly 30% year-over-year [5]. - Adjusted gross margin increased by 430 basis points and adjusted operating margin rose by over 1000 basis points in Q4 [5]. - Sales of LoRa-enabled solutions grew by 205%, and sales to data centers in the infrastructure segment increased by 183% [6]. Debt Management - Semtech has significantly improved its balance sheet by reducing overall debt by 68% since the end of the previous year, providing more financial flexibility for future investments [6][12]. Product Development and Partnerships - The company faced challenges with its CopperEdge products due to a reduced partnership with NVIDIA, which initially led to a stock sell-off [7]. - Despite the setback, Semtech is in discussions with over 20 potential customers for its CopperEdge products, indicating ongoing interest in its technology [8]. - The CopperEdge technology enhances signal integrity for active copper cables, allowing for longer and more flexible connectivity in data centers [9]. - Demand from NVIDIA for CopperEdge is expected to lag for the next three to four quarters, but the company anticipates future orders as NVIDIA incorporates the technology into its server designs [10]. Market Outlook - Analysts have set a 12-month stock price forecast for Semtech at $61.55, indicating a potential upside of 47.91% from the current price [11]. - The company is viewed as having significant opportunities for recovery, although the timeline for a full rebound remains uncertain [12].

NEW YORK, March 20, 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=137085&from=4CLASS PERIOD: August 27, 2 ...

Semtech Corporation (SMTC) shares have climbed 18.2% since the company reported overwhelming fourth- quarter fiscal 2025 results on March 13. After the fourth-quarter earnings release, Semtech shares have outperformed the Zacks Semiconductor - Analog and Mixed industry, Zacks Computer and Technology sector, the S&P 500 and the Technology Select Sector SPDR Fund's (XLK) return of 3.9%, 0.7%, 1.5% and 2.2%, respectively. Semtech's Price Performance Return Since Q4 Earnings Image Source: Zacks Investment Resea ...

SAN DIEGO, March 18, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Semtech Corporation (NASDAQ: SMTC) securities between August 27, 2024 and February 7, 2025, both dates inclusive (the "Class Period"), have until Tuesday, April 22, 2025 to seek appointment as lead plaintiff of the Semtech class action lawsuit.  Captioned Kleovoulos v. Semtech Corporation, No. 25-cv-01474 (C.D. Cal.), the Semtech class action lawsuit charges Semtech as well as certain of Semt ...