Semtech Beats Q4 Estimates With $0.44 EPS, Guides $278–288M Q1 Revenue
Semtech reported a fiscal Q4 loss of $29.8 million (32 cents per share) but achieved adjusted EPS of $0.44, topping estimates of $0.43 and delivered $274.4 million in revenue, above forecasts. The company guided Q1 revenue of $278m–$288m with EPS of $0.42–$0.48 and unveiled a 224 Gbps IC for linear optics.
1. Fiscal Q4 Results
Semtech posted a $29.8 million loss in fiscal Q4, or 32 cents per share, while reporting adjusted earnings of $0.44 per share, exceeding the $0.43 analyst consensus. Revenue totaled $274.4 million versus forecasted $273.1 million, driven by strength in its connectivity product lines.
2. Full-Year Performance
For the full fiscal year, Semtech recorded a net loss of $40.4 million, or 46 cents per share, on revenue of $1.05 billion. This compares with a prior-year loss and reflects continued investment in R&D and strategic acquisitions.
3. Fiscal Q1 Outlook
The company expects fiscal Q1 revenue between $278 million and $288 million with non-GAAP EPS ranging from $0.42 to $0.48. This guidance implies sequential top-line growth of up to 5% at the midpoint, reflecting confidence in demand across networking and data center markets.
4. 224Gbps IC Launch
Semtech introduced a new 224 Gbps IC family designed to support linear optics in high-speed data center interconnects. The products target next-generation cloud and telecom infrastructure, potentially opening new growth avenues beyond its traditional IoT and sensor markets.