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Semtech Corp. (SMTC)
NASDAQ:SMTC
Earnings Data
Report Date
May 28, 2025TBA Not Confirmed
Period Ending
2026 (Q1)Consensus EPS Forecast
0.37Last Year’s EPS
0.06Same Quarter Last Year
Strong Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 13, 2025
|% Change Since: 21.13%
|Next Earnings Date:May 28, 2025
Earnings Call Sentiment|Positive
The earnings call presented several positive developments, including strong revenue growth particularly in the data center and LoRa segments, significant improvements in margins, and a substantial reduction in debt. However, challenges such as the CopperEdge deployment delays and expected seasonal declines in the industrial market were noted. Overall, the positive aspects significantly outweigh the lowlights, indicating a strong performance and optimistic outlook.Company Guidance
In the Semtech Corporation's fourth-quarter and fiscal year 2025 earnings call, the company provided guidance indicating positive momentum across various financial metrics. For FY 2025, Semtech reported sequential growth in net sales, gross margin, operating margin, and earnings per share each quarter. The adjusted gross margin improved by 200 basis points, adjusted operating margin by 570 basis points, adjusted EBITDA margin by 610 basis points, and adjusted diluted earnings per share increased by 529%. In Q4, net sales reached $251 million, up 6% sequentially, with data center net sales hitting a record $50 million, up 16% sequentially and 183% year-over-year. The adjusted operating margin for Q4 was 19.9%, and adjusted EBITDA margin was 23%. For the first quarter of FY 2026, Semtech expects net sales of $250 million, adjusted gross margin of 53%, and adjusted diluted earnings per share of 37 cents. The company aims to focus on strategic investments, portfolio optimization, and driving margin expansion moving forward.Strong Revenue Growth
Net sales for Q4 were $251 million, up 6% sequentially and up 21% year over year. Data center net sales were a record $50 million, up 16% sequentially and up 183% year over year.
Improving Margins
Adjusted gross margin improved 200 basis points year over year to 53.2% in Q4. Adjusted operating margin improved 570 basis points to 19.9%, and adjusted EBITDA margin improved 610 basis points to 23% for FY 2025.
Significant Debt Reduction
Net debt was reduced by $868 million or 68% from the end of FY 2024, enabling annual cash savings of approximately $40 million based on interest rates.
LoRa Segment Growth
Within the industrial end market, LoRa-enabled solutions recorded Q4 net sales of $37.1 million, up 28% sequentially and up 205% year over year.
Recognition and Innovation
AirVantage Smart Sensing was recognized with the M2M Innovation of the Year Award by IoT breakthrough. Semtech also achieved the 5G Redcap certification in collaboration with AT&T and Qualcomm.
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SMTC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SMTC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 13, 2025 | $32.71 | $39.60 | +21.06% |
| Nov 25, 2024 | $53.44 | $63.11 | +18.10% |
| Aug 27, 2024 | $38.16 | $42.43 | +11.19% |
| Jun 05, 2024 | $38.68 | $37.98 | -1.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Semtech Corp. (SMTC) report earnings?
Semtech Corp. (SMTC) is schdueled to report earning on May 28, 2025, TBA Not Confirmed.
What is Semtech Corp. (SMTC) earnings time?
Semtech Corp. (SMTC) earnings time is at May 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SMTC EPS forecast?
SMTC EPS forecast for the fiscal quarter 2026 (Q1) is 0.37.
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