Semtech

Semtech Corp. engages in the manufacture and supply of analog and mixed signal semiconductor products for high-end consumer, enterprise computing, communications, and industrial equipment. The firm operates through the following business segments: Protection, Signal Integrity, and Wireless & Sensing. It offers signal integrity, protection, wireless and sensing, and power and high-reliability products. The company was founded in 1960 and is headquartered in Camarillo, CA.

Earnings data Q4 2021

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SMTC reports strong Q1 performance, anticipates base station growth

SMTC's Q1 performance reflects strong revenue growth and exceeded earnings guidance. While facing challenges in certain end markets, the company demonstrated strength in the industrial segment and cost management. Opportunities lie in base station growth, cloud platform integration, and smart home connected spaces.

SMTC reports solid Q2 performance, anticipates revenue growth opportunities

SMTC's Q2 performance met net sales guidance, with strengths in Signal Integrity and Advanced sensing products. However, challenges lie in the softer demand environment and declining IoT systems. Opportunities include potential revenue growth, recovery of routers, and reimagining the execution plan for IoT. The company aims to discuss new long-term targets at an Analyst Day in the future.

Semtech meets Q3 expectations, eyes PON leadership and IoT market

Semtech's Q3 performance met expectations, driven by growth in infrastructure and high-end consumer net sales, while facing challenges in the industrial segment. The company's strengths lie in improved gross margin, strong cash balance, and strategic vision for growth. Opportunities include leading the PON space, capturing the IoT market, and financial optimization.

Semtech reports record FY '23 revenue amidst challenges and opportunities

Semtech's FY '23 performance reflects growth and challenges, with a focus on cost management and revenue diversification.
Opportunities lie in geographic expansion, gross margin improvement, and strategic acquisitions for future growth.
Challenges include weak demand environment, debt reduction focus, and headwinds in specific product segments.
Overall, Semtech aims for continued margin expansion and operational efficiency amidst market uncertainties.

Semtech reports robust Q1 earnings, eyes IoT growth and cost efficiency

Semtech's Q1 performance reflects strong revenue growth and operational efficiency improvements, despite macroeconomic challenges, showcasing resilience and adaptability.
Strategic focus on IoT business growth, cost management, and market expansion opportunities position Semtech for sustained profitability and market leadership in the semiconductor sector.
Challenges in consumer market revenue and inventory management underscore the need for strategic shifts and proactive measures to capture emerging opportunities and drive revenue growth.

Semtech exceeds Q2 expectations, navigates challenges for future growth

Semtech's Q2 performance reflects resilience amidst challenges, with a focus on operational efficiency and cost control.
While facing a softer demand environment and financial pressures, Semtech is strategically realigning operations for future growth.
The company's proactive approach to managing costs, optimizing operations, and exploring growth opportunities positions it well for the future.

Semtech exceeds Q3 earnings expectations, focuses on IoT growth

Semtech's Q3 performance showed strength in infrastructure and high-end consumer segments, offset by challenges in the industrial market.
Opportunities lie in IoT solutions, cellular backhaul, and strategic focus on module products for higher-margin sales.
Challenges include industrial sales decline, LoRa business hurdles, and ongoing cost-cutting efforts for future investments.
Overall, Semtech's strategic vision towards IoT solutions and market capture presents growth potential amid market challenges.

Semtech exceeds Q4 sales, eyes growth in PON and Sierra

Semtech's Q4 performance showed resilience with varied segment outcomes.
While facing challenges like impairment charges, opportunities in PON and Sierra business are promising.
Management's caution on stock buybacks and growth projections provide a balanced outlook.
Overall, Semtech's strategic moves position it for recovery and future growth.

Semtech reports strong Q1 performance, eyes growth opportunities ahead

Semtech's Q1 FY '25 performance was strong, with growth in key segments and positive financial indicators, positioning the company well for future opportunities.
While facing challenges in certain segments, Semtech's focus on active copper cables, Signal Integrity, and growth markets like China and LoRa offer avenues for expansion.
The company's strategic outlook, including gross margin catalysts and expectations for recovery in various business modules, sets the stage for continued growth and financial stability.

Semtech reports strong Q2 results and optimistic Q3 guidance

Semtech's Q2 performance reflects growth across key segments and a positive outlook for Q3.
The company's strengths in diversified revenue streams and operational efficiency position it well.
Challenges include competitive pressures and the need for continuous innovation.
Opportunities lie in emerging segments, collaborations, and market expansion for future growth.

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CAMARILLO, Calif. & NEW YORK--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC) (“Semtech” or the “Company”), a high-performance semiconductor, IoT systems and Cloud connectivity service provider, today announced that it has entered into a Cooperation Agreement (the “Cooperation Agreement”) with Lion Point Capital, LP (“Lion Point”), an investment firm and one of the Company's largest stockholders, with beneficial ownership of approximately 4% of Semtech's outstanding shares of common stock.

Semtech Enters into Cooperation Agreement with Lion Point Capital, LP

Semtech (SMTC) extends its LoRa portfolio offerings with a new transceiver, strengthening its IoT market reach.

Semtech (SMTC) Boosts Its IoT Reach With New Transceiver

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and service provider, today announced that Mohan Maheswaran intends to retire from his role as Semtech's president and chief executive officer after having served in such capacity for 17 years. Mr.

Semtech Corporation Announces Maheswaran Retirement

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and service provider, today announced that Asaf Silberstein has been promoted to the newly created role of chief operating officer (COO) from his previous position of executive vice president, worldwide operations and information technology. Mr. Silberstein will report directly to Semtech's president and chief executive officer, Mohan Maheswaran. As COO, Mr.

Semtech Corporation Promotes Asaf Silberstein to Chief Operating Officer

DELRAY BEACH, Fla.--(BUSINESS WIRE)--Everynet, the world's largest network operator for national LoRaWAN® networks, is pleased to announce a collaboration with Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and Cloud connectivity service provider, and ChirpStack, an open-source LoRaWAN Network Server, to expand the Semtech developer program to provide direct access to the Everynet National Network from the Semtech Network Server powered by ChirpStack.

Everynet Collaborates with Semtech and ChirpStack on Early Access to Everynet's National Network in the U.S. from Semtech's LoRaWAN-Network Server

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and Cloud connectivity service provider, today announced the expansion of its market leading LoRa® portfolio with a new transceiver for use in Internet of Things (IoT) end points that provides lower power consumption, global connectivity and long range.

Semtech Expands LoRa® Portfolio with New Transceiver Featuring Long Range, Low Power Consumption, LoRaWAN® Standard and Global Connectivity

Semtech (SMTC) unveils a new brand and an updated logo to reflect its commitment toward developing technology solutions for IoT, data centers and consumer devices.

Semtech (SMTC) Introduces a Refreshed Brand to Reflect Sierra

Semtech (SMTC) announces the production availability of two new solutions, GN1300 and GN1400, to expand its FiberEdge portfolio.

Semtech (SMTC) to Boost 5G Market Reach With New Solutions

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and Cloud connectivity service provider, today unveiled a refreshed brand reflecting the company's redefined identity and vision following its acquisition of Sierra Wireless.

Semtech Unveils New Brand Reflecting Company's Vision to Enable a Smarter, More Connected and Sustainable Planet

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and Cloud connectivity service provider, today announced several new products in its Signal Integrity portfolio that extend the company's leadership in optical fiber integrated circuit solutions for data center, wireless, and passive optical networks (PON).

Semtech Unveils New Products for Next-Gen Data Centers, PON and 5G Wireless Networks to Address Increasing Data Demands

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and Cloud connectivity service provider, today announced it has joined the industry leading Mobile Optical Pluggable Alliance (MOPA) along with Coherent, Ericsson, Lumentum, Nokia and Sumitomo Electric, as the only semiconductor member.

Semtech Joins Mobile Optical Pluggable Alliance to Help Drive Next-Gen 5G Wireless Requirements and Optical Solutions

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and Cloud connectivity service provider, today announced that it is expanding its FiberEdge® portfolio with the production availability of two new solutions for transimpedance amplifiers (TIAs), offering best-in-class performance for use in high-performance optical modules operating at 25Gbps for 5G wireless infrastructure.

Semtech Announces Production Release of Specialized FiberEdge® Solutions for Use in Optical Modules for 5G Wireless X-haul Applications

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and Cloud connectivity service provider, today announced production availability of the FiberEdge® GN1814, part of its portfolio of PAM4 Transimpedance Amplifiers (TIAs).

Semtech Announces Production of Best-in-Class Reduced Pitch FiberEdge® Linear Transimpedance Amplifier for 400G and 800G Data Center Applications

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and Cloud connectivity service provider, today announced the expansion of its optical networking portfolio with sample availability of the FiberEdge® GN1825 octal transimpedance amplifier (TIA).

Semtech Unveils FiberEdge® Octal Linear Transimpedance Amplifier for 800G and 1.6T Data Center Applications

Semtech (SMTC) partners with The Things Industries to bring new solutions combining LoRaWAN and cellular solutions.

Semtech (SMTC) Boosts IoT Prospects With The Things Industries

Broadcom

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and Cloud connectivity service provider, today announced the successful demonstration of a 200G per lane (200G/lane) optical transmission link enabled by Semtech's latest FiberEdge® 200G PAM4 PMDs and Broadcom's latest generation DSP PHY.

Semtech and Broadcom Demonstrate Industry's First 200G/lane Electrical-to-Optical Link at OFC 2023

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and Cloud connectivity service provider, announced plans to release the financial results of its fourth quarter of fiscal year 2023 after the close of the market on Wednesday, Mar. 29, 2023. The results will be released through Business Wire and posted at www.semtech.com. Semtech will host a conference call at 2 p.m. PT (5 p.m. ET) Wednesday, Mar.

Semtech Announces Fourth Quarter of Fiscal Year 2023 Conference Call

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and Cloud connectivity service provider, today announced it is collaborating with partners including The Things Industries on new solutions that combine cellular and LoRaWAN® to enable more IoT use cases, faster adoption, easier integration and quicker time-to-market.

Semtech Collaborates with The Things Industries to Bring LoRaWAN® and Cellular Solutions to Market

VANCOUVER, British Columbia--(BUSINESS WIRE)--Powering next-gen LPWA solutions with an ultra-low power 5G cellular+ module for IoT

Sierra Wireless Announces New 5G LPWA HL7900 Module Integrating Sony's Altair ALT1350 Chipset

VANCOUVER, British Columbia--( BUSINESS WIRE )--Sierra Wireless, a subsidiary of Semtech Corporation and world leading IoT solutions provider, today announced the introduction of Smart Connectivity Premium with eUICC capabilities, and extended connectivity coverage in the United States.

Sierra Wireless Introduces Smart Connectivity Premium with eUICC Capabilities

Semtech's commitment to innovative and transformative technologies remains a main competitive advantage, making the company a preferred provider over other participants. SAN ANTONIO , Jan. 31, 2023 /PRNewswire/ -- Recently Frost & Sullivan assessed the global Internet of Things (IoT) hardware industry and, based on its findings, recognizes Semtech with the 2022 Global Company of the Year Award for its IoT hardware.

Semtech Recognized as 2022 Global Company of the Year Award by Frost & Sullivan for Market Leadership and Enabling Businesses to Optimize Processes and Efficiency

CAMARILLO, Calif.--( BUSINESS WIRE )--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, Internet of Things (IoT) systems and Cloud connectivity service provider, announced the first Software Development Kit (SDK) to enable advanced software-based KVM applications using the BlueRiver® platform for Software Defined Video over Ethernet (SDVoE™).

Semtech Launches KVM Software Development Kit for BlueRiver®-based Platforms

CAMARILLO, Calif.--( BUSINESS WIRE )--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, Internet of Things (IoT) systems and Cloud connectivity service provider, announced a collaboration with Panasonic Connect for display products integrated with Semtech's BlueRiver® platform. With BlueRiver, the new Panasonic Connect display products are now able to support Software Defined Video over Ethernet (SDVoE™) and are ideal for applications in business, education and esports.

Semtech's BlueRiver® Platform Utilized By Panasonic Connect For SDVoE™ Display Products

Under the duress of recent macroeconomic events, Semtech's price has declined nearly 63% over the past year - alongside fellow semiconductor and tech stocks. However, I hold that this decline is an overreaction by the market, given Semtech's strong financial position, with >$86mn in FCF, a 12% profit margin, and

Semtech: Chronically Undervalued And Highly Specialized

Semtech (SMTC) completes the acquisition of Sierra Wireless for $1.2 billion. The acquisition is going to help Semtech strength position in the growing IoT market.

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