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Semtech posts FY revenues up 7% to USD 627 mln

Thursday 14 March 2019 | 09:50 CET | News
Chipmaker Semtech reported revenues of USD 160.0 million for its fiscal fourth quarter ending January 2019, with full-year 2019 net sales rising 7 percent year on year to a record USD 627.2 million thanks above all to the strong performance of its signal integrity and wireless and sensing product groups. Quarterly earnings came to USD 0.55 per share when adjusted for non-recurring items, compared to earnings of USD 0.42 per share a year ago, while Semtech's full-year non-GAAP earnings growth was nearly double that of its net sales.

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Categories: Mobile & Wireless
Companies: Semtech
Countries: World
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