Trade Semtech Corp - SMTC CFD

Semtech Company profile

About Semtech Corporation

Semtech Corporation is a supplier of analog and mixed-signal semiconductor products and algorithms. The Company designs, develops and markets a range of products for commercial applications, which are sold into the enterprise computing, communications, consumer and industrial end-markets. The Company operates through three segments: Signal Integrity, Wireless and Sensing, and Protection. Signal Integrity segment offers a portfolio of optical data communications and video transport products used in a variety of infrastructure and industrial applications. Its Wireless and Sensing segment offers a portfolio of specialized radio frequency products used in a variety of industrial, medical and communications applications, and specialized sensing products used in industrial and consumer applications. Protection segment offers transient voltage suppressors (TVS), which provide protection for electronic systems from voltage spikes.

Financial summary

BRIEF: For the fiscal year ended 30 January 2022, Semtech Corporation revenues increased 24% to $740.9M. Net income increased from $59.9M to $125.7M. Revenues reflect High-Performance Analog Group segment increase of 24% to $537.3M, System Protection Group segment increase of 26% to $203.6M, Asia Pacific segment increase of 23% to $583.9M, North America segment increase of 26% to $90.8M.

Equity composition

Common Stock $.01 Par, 4/11, 250M auth., 78,136,144 issd., less 14,208,404 shares in Treas. @ $232.3M. Insiders & strategic holders own 3.31%. IPO 6/67, 120K shares @ $8.50 by Unterberg, Towbin & Co. 9/00, 9/99, 1/98, 2-for-1 splits. *3/95, Company began trading on NASDAQ. 09/12,stock dividend( F:1.05)