Semtech Corp

SMTC

Equity

ISIN US8168501018 / Valor 969640

NASDAQ (2025-04-04)

USD 28.01-5.72%

Semtech Corp
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About company

Semtech Corporation is a high-performance semiconductor company specializing in IoT systems and Cloud connectivity services. The company is known for its LoRa chipsets, which enable real-time communication of data and analytics for IoT applications. Semtech is also a pioneer in power management ICs for various industries, leading the way in enabling greener, smarter, and smaller end products. Additionally, the company offers Transient Voltage Suppression (TVS) protection solutions to safeguard electronics systems against damage from voltage transients. Semtech's AptoVision BlueRiver™ Technology provides higher performance, flexibility, and scalability to the Pro AV industry using Ethernet networks.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

Semtech Corp reported net sales of $236.8 million for the third quarter of fiscal year 2025, which ended on October 27, 2024. This represents a 10% sequential increase, highlighting the company's strong performance in the semiconductor and IoT markets.

Data Center Sales

The company achieved record data center net sales of $43.1 million during the same quarter, marking a significant 58% sequential growth. This surge is attributed to the rising demand for AI-driven products, which Semtech identifies as a long-term growth engine.

Profit Margins

Semtech Corp reported a GAAP gross margin of 51.1%, which is an increase of 210 basis points sequentially. The non-GAAP gross margin was slightly higher at 52.4%, up 200 basis points from the previous quarter, indicating improved operational efficiency.

Earnings Per Share

For the third quarter of fiscal year 2025, Semtech Corp reported a GAAP diluted loss per share of $0.10. However, on a non-GAAP basis, the company achieved diluted earnings per share of $0.26, reflecting adjustments for certain non-recurring expenses.

Financial Outlook

Looking ahead, Semtech Corp remains optimistic about its growth prospects, particularly in the data center sector. The company continues to focus on leveraging its operating model to achieve healthy net sales growth while maintaining prudent spending practices.

Summarized from source with an LLMView Source

Key figures

-15.3%1Y

-59.7%3Y

-23.6%5Y

Performance

81.7%1Y

66.7%3Y

61.1%5Y

Volatility