Record Signal Integrity product group net sales of approximately $304 million, up 4.5% driven by the continued growth of PON-X™.

Cumulative LoRa-connected end points of approximately 300 million units.

Record LoRa-enabled revenue of $187 million, up 40% year-over-year.

Semtech Organic GAAP diluted earnings per share of $1.78 and record non-GAAP diluted earnings per share of $2.82.

Semtech Organic GAAP and non-GAAP operating margins of 20.8% and 28.7%, respectively.

Semtech Organic non-GAAP gross margin of 65.1%, an increase of 180 bps year-over-year.

Semtech Organic GAAP gross margin of 64.1%, an increase of 190 bps year-over-year.

Combined Semtech and Sierra Wireless net sales of $756.5 million.

Record Semtech Organic net sales of $741.5 million.

Amazon expands their commitment to LoRa with the opening of the Sidewalk network to device makers and developers, as well as new AWS services for LoRa and LoRaWAN®.

LoRa®-enabled net sales of $40.8 million.

Semtech Organic GAAP gross margin of 63.5%, and non-GAAP gross margin of 64.7%.

Sierra Wireless-only post-acquisition net sales of $15.0 million

Semtech, excluding the results of Sierra Wireless ('Semtech Organic'), net sales of $152.5 million, better than the midpoint of the Company's guidance.

Completed the acquisition of Sierra Wireless, a leading IoT connectivity solution provider, for total purchase price consideration of $1.3 billion.

Highlights for the Fourth Quarter of Fiscal Year 2023 Semtech Corporation today reported unaudited financial results for its fourth quarter and fiscal year 2023, which ended January 29, 2023.ĬAMARILLO, Calif., Mar 29, 2023-Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and Cloud connectivity service provider, today reported unaudited financial results for its fourth quarter and fiscal year 2023, which ended January 29, 2023. Semtech Announces Fourth Quarter and Fiscal Year 2023 Results

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