Semtech (SMTC) Tops Q4 EPS by 1c
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Semtech Announces Fourth Quarter and Fiscal Year 2022 Results
March 16, 2022 4:15 PM EDTCAMARILLO, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a leading global supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, today reported unaudited financial results for its fourth quarter and fiscal year 2022, which ended January 30, 2022.
Highlights for the Fourth Quarter of Fiscal Year 2022
Net sales of $190.6 million, GAAP diluted EPS of $0.53 and non-GAAP diluted EPS of $0.70 Record GAAP and non-GAAP gross margins grew 310bps and 300bps, respectively, year-over-year Operating cash flow of $51.0 million or 26.8% of net sales Record LoRa-enabled net sales of $41.7... More