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0.0537414965986394 0.114965986394558 0.0493197278911564 0.0445578231292517 0.0102040816326531 0.00442176870748296 -0.0190476190476191 -0.032312925170068
Stock impact report

Semtech Announces Fourth Quarter and Fiscal Year 2024 Results

Semtech Corporation (SMTC) 
Last semtech corporation earnings: 3/11 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.semtech.com/investor-relations
Company Research Source: Business Wire
Fourth Quarter of Fiscal Year 2024Net sales of $192.9 million, above the midpoint of guidanceGAAP gross margin of (0.2)% and Non-GAAP gross margin of 48.9%, above the midpoint of guidanceGAAP diluted loss per share of $9.98 and Non-GAAP diluted loss per share of $0.06Positive operating cash flow of $13.9 million and free cash flow of $12.2 millionCompleted optional credit facility prepayment of $5.0 millionFiscal Year 2024Net sales of $868.8 millionGAAP gross margin of 34.1% and Non-GAAP gross margin of 49.5%GAAP diluted loss per share of $17.03 and Non-GAAP diluted earnings per share of $0.14GAAP gross margin and diluted loss per share are reflective of goodwill and intangible asset impairment charges. CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and cloud connectivity service provider, today reported unaudited financial results for its fourth quarter and fiscal year 2024, which ended January 28, 2024."End ma Show less Read more
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