Semtech Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended October 29, 2023
For the nine months, sales was USD 675.81 million compared to USD 589.02 million a year ago. Net loss was USD 449.67 million compared to net income of USD 112.39 million a year ago. Basic loss per share from continuing operations was USD 7.02 compared to basic earnings per share from continuing operations of USD 1.76 a year ago. Diluted loss per share from continuing operations was USD 7.02 compared to diluted earnings per share from continuing operations of USD 1.76 a year ago.