Welcome to our dedicated page for Semtech news (Ticker: SMTC), a resource for investors and traders seeking the latest updates and insights on Semtech stock.
Semtech Corporation (Nasdaq: SMTC) is a high-performance semiconductor, IoT systems and cloud connectivity service company whose activities generate a steady stream of technology, product and financial news. This news page aggregates coverage of Semtech’s announcements, earnings results, investor events and product launches, giving readers a focused view of how the company is executing across its semiconductor and IoT portfolio.
Recent Semtech news has included quarterly financial results, participation in technology and investor conferences, and the introduction of new platforms and solutions. Examples include third quarter fiscal year 2026 results, where management discussed returns on research and development investments and the role of ultra-power-efficient solutions in data center networking, LoRa connectivity and sensing technologies. The company also issues press releases about its presence at major industry events such as CES, where it showcases IoT connectivity, smart sensing and protection technologies for smart cities, smart home automation, robotics, automotive interfaces and consumer electronics.
Product-focused news highlights innovations like the Unified Software Platform (USP) for LoRa Plus devices, designed to support multiple IoT protocols on a single hardware platform, and device-to-cloud cellular and satellite IoT offerings that combine LPWA modules, Smart Connectivity Premium SIM and satellite NTN access. Other updates cover Semtech’s AirLink 5G router portfolio for public safety, featuring network slicing capabilities and integrations with carrier programs aimed at first responders.
Investors and industry observers can use this page to follow Semtech’s earnings announcements, convertible note offerings and capital structure updates, along with technology demonstrations, partnerships and ecosystem activities. For anyone tracking SMTC, this news feed provides a centralized view of the company’s operational, financial and product-related developments over time.
Semtech Corporation (Nasdaq: SMTC) reported third-quarter fiscal 2023 results with net sales of $177.6 million, reflecting a 15.1% sequential decline and 8.9% year-over-year drop. The company achieved a record GAAP gross margin of 65.1% and non-GAAP gross margin of 65.5%, with diluted earnings per share at $0.36 GAAP and $0.65 non-GAAP. Future outlook indicates expected net sales between $145.0 million and $155.0 million for Q4 FY2023, with GAAP diluted EPS forecasted at $0.20 to $0.27.
Summary not available.
Semtech Corporation (SMTC) has partnered with Amazon Web Services (AWS) to integrate its LoRa Cloud™ geolocation services into AWS IoT Core. This collaboration aims to facilitate the development of asset tracking solutions for IoT devices via LoRa Edge™, enhancing connectivity and reducing time to market. The new AWS IoT Core Device Location service is globally available and supports ultra-low-power devices that can operate for years on a single battery. Key benefits include a simplified development experience and regional availability across seven regions.
Semtech Corporation (NASDAQ: SMTC) announced it will release its third-quarter fiscal year 2023 financial results on November 30, 2022, after market close. A conference call will be held at 2 p.m. PT to discuss the results and the company's outlook. Interested parties can access the call through the Semtech website. Semtech specializes in high-performance analog and mixed-signal semiconductors, with a commitment to environmentally friendly practices.
Semtech (SMTC) has partnered with Exeger to integrate its LoRa Edge platform with Exeger's Powerfoyle solar harvesting technology. This collaboration aims to enhance IoT tracking applications by significantly extending the battery life of devices. Powerfoyle converts various light forms into power, offering sustainable energy for asset tracking and environmental sensing. New IoT asset trackers will be showcased at EdgeTech+ 2022 in Japan. The initiative emphasizes energy independence and creates potential for solar-powered geolocation applications across multiple sectors.
Semtech Corporation (SMTC) has announced that Savant Systems has upgraded its video-over-IP products to utilize the latest BlueRiver® ASIC technology. This transition allows Savant to deliver 4K/60 4:4:4 or HDR video with sub-millisecond latency over standard IP networks. The 10Gbps Power over Ethernet (PoE) enables higher bandwidth for streaming high-quality video. Savant's new system allows custom scaling for optimal resolution and simultaneous streaming of multiple uncompressed 4K sources. These enhancements signal a growing demand for Pro AV technology in the residential market.
Semtech Corporation (NASDAQ: SMTC) has launched its new HotSwitch® platform, designed to enhance the protection of electronic systems against electrical surges and faults. This platform features integrated load switches and eFuses with advanced protection capabilities. Two products, HS2950P and HS2240P, are now available for purchase, focusing on improving device longevity and reducing electronic waste. The HotSwitch platform aims to support greater sustainability in electronics while ensuring robust defense against voltage and current anomalies.
Semtech Corporation (Nasdaq: SMTC) and Sierra Wireless, Inc. (Nasdaq: SWIR) have received a second request for information from the U.S. Department of Justice regarding Semtech's acquisition of Sierra Wireless. This request extends the review period under the Hart-Scott-Rodino Act until 30 days after both companies comply with the request. Semtech has also obtained a no-action letter from the Canadian Competition Bureau, with an agreement to close the transaction by March 3, 2023, unless extended.
Semtech Corporation (NASDAQ: SMTC) has priced a private offering of $300 million in 1.625% convertible senior notes due 2027. The offering, increased from a previous $250 million, is expected to yield around $290 million in net proceeds. Approximately $27.8 million of these funds will cover certain convertible note hedge costs. The remaining proceeds will finance the acquisition of Sierra Wireless and related expenses. The notes will bear interest payable semiannually and may be converted into shares of Semtech common stock. The closing is anticipated around October 12, 2022.
Semtech Corporation (NASDAQ: SMTC) announced a new dual combo module developed by CWD Limited that supports global LoRaWAN network coverage. This module is designed for asset tracking applications in hazardous work environments, integrating LoRa Connect technology and Bluetooth Low Energy (BLE) for enhanced communication capabilities.
The module aims to improve power efficiency and reduce costs by eliminating the need for external components, and is already deployed in various sectors including oil rigs and hospitals.