Semtech Stock Price, News & Analysis

Semtech Corporation (Nasdaq: SMTC) has launched the EClamp8052P, a new device within its EClamp® platform that combines common-mode noise filtering with low-capacitance ESD protection. Designed for high-speed data interfaces such as MIPI, MHL, and USB, the EClamp8052P meets stringent EMC compliance and offers ESD protection up to ±30kV (Air) and ±25kV (Contact). This product addresses supply chain challenges in acquiring standalone filter devices, making it a preferred solution for customers.

Semtech Corporation (Nasdaq: SMTC) has partnered with DIC Corp. to launch the HatteTotte^TM environmental sensors, which utilize the LoRaWAN^® standard. These sensors measure temperature, humidity, and light levels, making them ideal for smart building applications such as malls and residential spaces. The sensors feature a thin, peel-and-stick design for easy installation and boast a battery life of up to five years. This collaboration aims to enhance safety and efficiency in buildings, particularly in a post-pandemic environment where environmental monitoring is critical.

Semtech Corporation (Nasdaq: SMTC) announced the integration of its LoRa^® devices into LDT's smart fire prevention system in South Korea. This innovative system uses sensors and network cameras to detect flames, smoke, and temperature changes in real time within commercial properties. LoRa technology enhances the system’s capabilities, providing real-time analytics and geolocation to protect facilities like shopping malls. The collaboration aims to improve emergency response times and enhance safety, showcasing Semtech's commitment to creating smarter solutions for building owners.

Semtech Corporation (NASDAQ: SMTC) announced a collaboration with Aurora Multimedia Corp. to integrate its BlueRiver™ AVP2000 processor into Aurora's IPX-TC3A Series, enhancing low power AV over IP solutions. The AVP2000 features low power consumption (6 watts), small size, and delivers high-resolution 4K video with no frame latency, positioning it as a leader in the Pro AV industry. This partnership aims to provide efficient, high-quality AV solutions for sectors requiring superior video quality, such as esports and government facilities.

Semtech Corporation (Nasdaq: SMTC) announces a partnership with SkyLab B.V. to utilize Semtech's LoRa Edge™ asset management platform for a new prototyping board. This collaboration aims to enhance indoor and outdoor asset management solutions, focusing on low power consumption to extend battery life and cut costs for large-scale deployments. Features of the prototyping board include various sensors and cloud-based geolocation capabilities that help in precise tracking. Semtech emphasizes its commitment to customer ROI through this innovation.

Semtech Corporation (Nasdaq: SMTC) announced that CEO Mohan Maheswaran will participate in a virtual fireside chat at Baird’s 2021 Global Consumer, Technology & Services Conference on Wednesday, June 9, 2021, at 4:20 p.m. EDT. Investors can access a live webcast and replay through the Investor Relations section of Semtech’s website.

Semtech specializes in high performance analog and mixed-signal semiconductors, with a commitment to environmental sustainability and community benefits. The company has been publicly traded since 1967.

Semtech Corporation (SMTC) reported its Q1 FY2022 results, with net sales of $170.4 million, marking a 3% sequential and 28% year-over-year increase. GAAP gross margin rose to 61.5% and operating income surged 14x sequentially. Notably, the Wireless and Sensing products group achieved record sales, up 7% sequentially and 78% year-over-year. For Q2, Semtech anticipates net sales between $177.0 million and $187.0 million, with EPS expected to range from $0.40 to $0.48, despite potential challenges from the ongoing COVID-19 pandemic.

Semtech Corporation (Nasdaq: SMTC) has appointed Charles B. Ammann as its first ESG officer to spearhead sustainability initiatives. The company aims to foster diversity, inclusion, and employee engagement while advancing its Environmental, Social, and Governance efforts. Key initiatives for 2021 include enhancing diverse hiring practices, developing leadership programs, and leveraging its LoRa® IoT technology for environmental conservation. Semtech is committed to aligning its corporate citizenship with long-term sustainability goals to benefit stakeholders.

Semtech Corporation (NASDAQ: SMTC) will release its first quarter financial results for fiscal year 2022 after market close on June 2, 2021. The results will be disclosed via Business Wire and available on Semtech's website. A conference call to discuss the financial performance, current business activities, and future outlook will take place at 2 p.m. PT (5 p.m. ET) on the same day. The call will also be accessible through a live webcast, with a replay available afterward.