Semtech (SMTC) Tops Q4 EPS by 1c, Q1 Guidance Beats

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Semtech Announces Fourth Quarter and Fiscal Year 2016 Results

March 2, 2016 4:30 PM EST

Quarterly Net Sales of $118.6 Million, Up 2 Percent Sequentially Record Distributor Point of Sale Cash Flow From Operations Up 83% Sequentially LoRa® Alliance Membership Exceeds 200

CAMARILLO, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a leading supplier of analog and mixed-signal semiconductors, today reported unaudited financial results for its fourth quarter and fiscal year 2016, which ended January 31, 2016.

Net sales for the fourth quarter of fiscal year 2016 were $118.6 million, up 2 percent from the... More