NASDAQ$SMTC

Semtech Corp. · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Semtech's Q4 2021 earnings were announced, featuring net sales of $164.7 million and diluted GAAP EPS of $0.24.

Semtech reported Q4 FY2021 net sales of $164.7 million, diluted GAAP EPS of $0.24, and diluted non-GAAP EPS of $0.51. The company's FY2021 net sales reached $595.1 million, with growth driven by data center, 5G, 10GPON, and IoT markets. Semtech enters fiscal year 2022 with a record starting backlog.

  • Q4 FY2021 net sales reached $164.7 million.
  • Diluted GAAP EPS for Q4 FY2021 was $0.24.
  • Diluted non-GAAP EPS for Q4 FY2021 was $0.51.
  • The company enters fiscal year 2022 with a record starting backlog.

Headline financials

Total Revenue

$165M

Previous: $138M+19.3%
EPS (adj)

$0.51

Previous: $0.40+27.5%
Capital Expenditures

$10.9M

Previous: $2.65M+312.8%
Free Cash Flow

$16.3M

Previous: $42.6M-61.7%
Net Income

$15.6M

Previous: $2.93M+433.7%
Operating Income

$19M

Previous: $10.2M+85.9%
Gross Profit

$100M

Previous: $84.3M+19.2%
Cash & Equivalents

$269M

Previous: $293M-8.3%
Total Assets

$1.08B

Previous: $1.05B+2.9%
Stock-Based Comp

$16.9M

Previous: $23.3M-27.6%

Revenue & EPS history

Semtech · Revenue · Quarterly

$165M

Q4 2021+19.3%vs Q4 2020
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Revenue by segment

Semtech · $291M total across 3 segments · Q1 2027

  • Signal Integrity
    $102M
  • Analog Mixed Signal and Wireless
    $101M
  • IoT Systems and Connectivity
    $88.3M

Forward guidance

For the first quarter of fiscal year 2022, Semtech expects net sales between $164.0 million and $172.0 million and non-GAAP earnings per diluted share between $0.49 and $0.55.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+1.9%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+4.0%

Avg return

30 days after

63%

43 / 68 earnings

Positive

+24.0%

Q3 2025

Best reaction

-28.2%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027
Q4 2026+1.7%-17.3%+15.1%
Q3 2026+2.3%+5.9%+7.9%
Q2 2026+15.2%+13.9%+20.8%
Q1 2026-4.3%-3.3%+15.8%
Q4 2025+21.1%+27.2%-18.7%
Q3 2025+24.0%+25.8%+26.7%
Q2 2025+14.6%+18.3%+28.0%
Q1 2025+1.6%-14.5%-11.7%
Q4 2024+5.4%+1.2%+28.4%
Q3 2024+16.4%+23.6%+22.7%
Q2 2024+10.8%+6.9%-3.5%
Q1 2024+6.5%+3.3%+18.2%
Q4 2023-18.8%-27.3%-37.4%
Q3 2023+1.7%+0.6%-2.1%
Q2 2023-28.2%-26.7%-37.2%
Q1 2023+0.4%-3.0%-18.9%
Q4 2022+9.8%+11.9%-2.2%
Q3 2022+4.1%-0.4%+3.8%
Q2 2022+12.6%+11.8%+12.6%
Q1 2022+3.4%+5.9%+7.5%
Q4 2021-4.7%+0.5%-2.5%
Q3 2021+2.1%+4.5%+6.1%
Q2 2021-4.9%-6.4%-18.2%
Q1 2021+4.9%+7.2%+2.5%
Q4 2020-12.4%-26.5%+17.9%
Q3 2020+0.5%+1.6%+15.9%
Q2 2020-2.9%-2.7%+13.6%
Q1 2020-5.6%-7.9%+10.7%
Q4 2019-4.8%-0.4%-2.8%
Q3 2019+12.9%+13.6%-1.5%
Q2 2019+13.9%+19.7%+11.4%
Q1 2019+8.0%+10.5%+5.0%
Q4 2018+10.7%+13.6%+23.7%
Q3 2018-12.1%-12.8%-11.7%
Q2 2018-0.1%-1.6%-0.3%
Q1 2018-1.3%-3.5%-3.8%
Q4 2017+1.6%+2.4%-0.1%
Q3 2017+2.8%+9.2%+11.5%
Q2 2017+4.7%+6.9%+5.6%
Q1 2017+2.5%+2.6%+0.6%
Q4 2016+5.1%
Q3 2016+0.4%
Q2 2016-2.2%
Q1 2016-8.1%
Q4 2015-12.0%
Q3 2015-1.6%
Q2 2015+7.7%
Q1 2015+8.6%
Q4 2014+3.0%
Q3 2014-4.7%
Q2 2014+0.8%
Q1 2014-3.1%
Q4 2013+8.3%
Q3 2013+11.8%
Q2 2013-1.4%
Q1 2013-0.1%
Q4 2012+0.0%
Q3 2012+0.7%
Q2 2012-6.8%
Q1 2011-4.6%
Q1 2012-1.2%
Q4 2009-1.4%
Q4 2011-1.4%
Q3 2011+1.9%
Q3 2010+1.9%
Q4 2010+4.7%
Q2 2010+4.7%
Q2 2011+4.7%

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