Semtech(SMTC) - 2025 Q2 - Quarterly Results

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 ...