Semtech Corporation reported earnings results for the fourth quarter ended January 28, 2024. For the fourth quarter, the company reported sales was USD 192.95 million compared to USD 167.51 million a year ago. Net loss was USD 642.36 million compared to USD 51.01 million a year ago.

Basic loss per share from continuing operations was USD 9.98 compared to USD 0.8 a year ago. Diluted loss per share from continuing operations was USD 9.98 compared to USD 0.8 a year ago.