Semtech ( (SMTC) ) has provided an announcement.
Semtech Corporation reported its financial results for the fourth quarter and fiscal year 2025, ending January 26, 2025, showing a positive trajectory with net sales of $251 million for the quarter, a 6% sequential increase, and $909.3 million for the fiscal year, a 5% increase from the previous year. The company achieved improvements in gross margin, operating margin, and earnings per share, and reduced its net debt by 68% year-over-year, positioning itself for long-term growth through strategic investments and portfolio optimization.
More about Semtech
Semtech Corporation is a high-performance semiconductor, IoT systems, and cloud connectivity service provider.
YTD Price Performance: -45.49%
Average Trading Volume: 2,541,476
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $2.77B
For an in-depth examination of SMTC stock, go to TipRanks’ Stock Analysis page.