Earnings Release
EX-99.1 2 smtc-07262026x8k991.htm EX-99.1 Document Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Mitch Haws Semtech Corporation [email protected] Semtech Announces Second Quarter of Fiscal Year 2027 Results • Record net sales of $341.9 million, up 17% sequentially and up 33% year-over-year • GAAP gross margin of 53.8% and Non-GAAP adjusted gross margin of 54.5% • GAAP operating margin of 16.3% and Non-GAAP adjusted operating margin of 24.4% • GAAP diluted earnings per share of $1.59 and Non-GAAP adjusted diluted earnings per share of $0.71 CAMARILLO, Calif., August 25, 2026—Semtech Corporation (Nasdaq: SMTC), a leading provider of high-performance semiconductors powering AI data center networking and intelligent, connected Internet of Things ("IoT") devices worldwide, announced today unaudited financial results for its second quarter of fiscal year 2027, which ended July 26, 2026. "The Sem...
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Filed August 25, 2026 at 8:06 PM UTC. The figures above are from the audited statements, not from this release.