Semtech(SMTC) - 2024 Q4 - Annual Results

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 ...