Semtech Announces Fourth Quarter and Fiscal Year 2020 Results

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Semtech (SMTC) Tops Q4 EPS by 5c, Revenues Beat; Offers Q1 EPS/Revenue Outlook

March 11, 2020 4:18 PM EDT

Semtech (NASDAQ: SMTC) reported Q4 EPS of $0.40, $0.05 better than the analyst estimate of $0.35. Revenue for the quarter came in at $138 million versus the consensus estimate of $134.24 million.

Highlights for the Fourth Quarter and Fiscal Year 2020

Q4 FY2020 net sales of $138.0 million, GAAP EPS of $0.04 and non-GAAP EPS of $0.40FY2020 net sales of $547.5 million, GAAP EPS of $0.47 and non-GAAP EPS of $1.52Cash flow from operations was $45.3 million, or 33% of net sales, in Q4 FY2020 and was $118.6 million, or 22% of net sales, in FY2020Refinanced the prior credit facility with a new $600.0... More