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Semtech Corp (SMTC.OQ)

SMTC.OQ on NASDAQ Stock Exchange Global Select Market

38.25USD
16 Jan 2018
Change (% chg)

$-0.55 (-1.42%)
Prev Close
$38.80
Open
$39.00
Day's High
$39.38
Day's Low
$38.25
Volume
182,733
Avg. Vol
130,978
52-wk High
$41.65
52-wk Low
$31.50

Latest Key Developments (Source: Significant Developments)

Semtech Announces Q3 Earnings Per Share $0.20
Thursday, 30 Nov 2017 

Nov 29 (Reuters) - Semtech Corp ::SEMTECH ANNOUNCES THIRD QUARTER OF FISCAL YEAR 2018 RESULTS.SEES Q4 2018 NON-GAAP EARNINGS PER SHARE $0.40 TO $0.42.SEES Q4 2018 EARNINGS PER SHARE $0.08 TO $0.10.Q3 EARNINGS PER SHARE $0.20.Q3 NON-GAAP EARNINGS PER SHARE $0.54.Q3 EARNINGS PER SHARE VIEW $0.50 -- THOMSON REUTERS I/B/E/S.- SEES Q4 2018 GAAP ‍NET SALES IN RANGE OF $131.5 MILLION TO $135.5 MILLION​.- SEES Q4 2018 NON-GAAP NET SALES IN RANGE OF $138.0 MILLION TO $142.0 MILLION​.SAYS ‍FOR Q4 2018 GAAP CAPITAL EXPENDITURES ARE EXPECTED TO BE APPROXIMATELY $7.0 MILLION​.  Full Article

Semtech Q2 earnings per share $0.19
Thursday, 31 Aug 2017 

Aug 30 (Reuters) - Semtech Corp ::Semtech announces second quarter of fiscal year 2018 results.Sees q3 2018 non-gaap earnings per share $0.48 to $0.52.Sees q3 2018 earnings per share $0.18 to $0.22.Q2 non-gaap earnings per share $0.48.Q2 earnings per share $0.19.Q2 earnings per share view $0.46 -- Thomson Reuters I/B/E/S.Sees Q3 2018 sales $145 million to $153 million.Semtech corp - ‍q3 gross margin is expected to be in range of 59.0 pct to 60.0 pct​.Semtech - ‍q3 non-gaap net sales are expected to be in range of $152.0 million to $160.0 million​.Semtech - ‍q3 non-gaap gross margin is expected to be in range of 61.0 pct to 61.8 pct​.Q3 earnings per share view $0.49, revenue view $159.9 million -- Thomson Reuters I/B/E/S.  Full Article

Semtech expansion in China of LoRaWAN-based network using Semtech's LoRa devices, wireless RF technology
Friday, 28 Jul 2017 

July 28 (Reuters) - Semtech Corp ::Expansion in China of a Lorawan-based network using Semtech's LoRa devices and wireless Rf technology.  Full Article

Semtech announces definitive agreement to acquire AptoVision
Friday, 30 Jun 2017 

June 29 (Reuters) - Semtech Corp ::Semtech announces definitive agreement to acquire AptoVision.Semtech Corp says deal expected to be neutral to Semtech's FY 2018 non-gaap earnings and accretive to FY 2019 non-gaap earnings.Semtech Corp - deal expected to be neutral to Semtech's FY 2018 non-gaap earnings and accretive to FY 2019 non-gaap earnings.Purchase price of approximately $28 million and contingent consideration of up to $47 million based on future financial goals.Semtech Corp - deal has ‍additional contingent consideration of up to $47 million subject to achieving certain future financial goals​.Semtech Corp says semtech does not expect acquisition to have any material impact to financial outlook for its Q2 of fiscal year 2018.Semtech Corp - Semtech expects to fund purchase price using its current cash assets.Semtech Corp says AptoVision's CEO, Kamran Ahmed, will join Semtech.  Full Article

Semtech Corp reports Q1 earnings per share $0.18
Thursday, 1 Jun 2017 

May 31 (Reuters) - Semtech Corp ::Semtech announces first quarter of fiscal year 2018 results.Non-GAAP net sales are expected to be in range of $150.0 million to $160.0 million for Q2.Non-GAAP earnings per diluted share are expected to be in range of $0.43 to $0.49 for Q2​.Sees Q2 2018 non-GAAP earnings per share $0.43 to $0.49.Sees Q2 2018 earnings per share $0.20 to $0.26.Q1 non-GAAP earnings per share $0.44.Q1 earnings per share $0.18.Q1 earnings per share view $0.41 -- Thomson Reuters I/B/E/S.Semtech corp sees Q2 GAAP net sales are expected to be in range of $147.0 million to $157.0 million.Semtech corp - Q2 2018 capital expenditures are expected to be approximately $10.0 million.Semtech corp - Qtrly ‍net sales $143.8 million versus $131.1 million​.  Full Article

Semtech Q4 revenue $140 million
Thursday, 9 Mar 2017 

Semtech Corp : Announces fourth quarter and fiscal year 2017 results . Sees Q1 2018 earnings per share $0.16 to $0.20 . Q4 revenue $140 million versus i/b/e/s view $139.9 million . Qtrly earnings per share $0.12 . Sees net sales are expected to be in range of $138.0 million to $146.0 million for Q1 2018 . Sees Q1 2018 gross margin is expected to be in range of 58.6% to 59.7% . Sees Q1 net sales are expected to be in range of $138.0 million to $146.0 million . Sees Q1 2018 capital expenditures are expected to be approximately $10.0 million . Q1 2018 non-gaap earnings per diluted share are expected to be in range of $0.39 to $0.43 .Says Q1 2018 non-gaap net sales are expected to be in range of $142.0 million to $150.0 million.  Full Article

Semtech announces amendment to its $400 million credit agreement
Thursday, 17 Nov 2016 

Semtech Corp : Semtech announces amendment to its $400 million credit agreement . Semtech says new credit agreement amends and restates Semtech's existing $400 million credit facility, and extends maturity date to November 2021 . Says Q4 of fiscal year 2017 GAAP net income is expected to be impacted by approximately $0.7 million in non-cash costs . Semtech says new credit agreement of a senior secured term a loan facility of $150 million, senior secured revolving credit facility of $250 million .Financial terms of new credit agreement are similar to those contained in prior agreement.  Full Article

Semtech and Comcast sign deal to deploy trial network in US
Thursday, 6 Oct 2016 

Semtech Corp - : Semtech and Comcast sign agreement to deploy trial Lorawan network in the United States . Updates Q3FY17 gaap guidance as a result of warrant . Upon successful completion of trials, network could be expanded to up to 30 U.S. cities within a period of 30 months . GAAP earnings per diluted share are now expected to be in range of $0.43 to $0.47 compared to prior range of $0.49 to $0.53 for Q3 2017 . Has agreed to grant Comcast a warrant to purchase 1.1 million shares of co's common stock at a purchase price per share equal to $0.01 . Deal provides warrant for Comcast to acquire up to $30 million of Semtech common stock . Semtech expects to record a reduction to its GAAP net sales of approximately $3.8 million in Q3 of fiscal year 2017 . Expects to record reduction to gaap net sales of about $3.8 million in Q3 2017, expected to reduce gaap earnings per share for Q3 by about $0.06 . Sees Q3 gaap net sales to be in range of $130.0 million to $138.0 million .Q3 earnings per share view $0.36, revenue view $138.5 million -- Thomson Reuters I/B/E/S.  Full Article

Semtech Q2 non-GAAP earnings per share $0.35
Thursday, 1 Sep 2016 

Semtech Corp : Q2 non-GAAP earnings per share $0.35 . Q2 GAAP earnings per share $0.14 . Q2 sales $135.9 million versus I/B/E/S view $135.3 million . Q2 earnings per share view $0.33 -- Thomson Reuters I/B/E/S . Sees Q3 2017 non-GAAP earnings per share $0.34 to $0.38 . Sees Q3 2017 gaap earnings per share $0.49 to $0.53 . Sees Q3 2017 sales $134 million to $142 million . Sees Q3 capital expenditures to be about $10.0 million .Q3 net sales are expected to be in range of $134 million to $142 million.  Full Article

Semtech to divest its Snowbush IP business
Monday, 6 Jun 2016 

Semtech Corp :Semtech announces definitive agreement to divest its Snowbush IP business.  Full Article

BRIEF-Semtech Announces Q3 Earnings Per Share $0.20

* SEMTECH ANNOUNCES THIRD QUARTER OF FISCAL YEAR 2018 RESULTS