Semtech Corporation reported earnings results for the full year ended January 28, 2024. For the full year, the company reported sales was USD 868.76 million compared to USD 756.53 million a year ago. Net loss was USD 1,092.03 million compared to net income of USD 61.38 million a year ago.

Basic loss per share from continuing operations was USD 17.03 compared to basic earnings per share from continuing operations of USD 0.96 a year ago. Diluted loss per share from continuing operations was USD 17.03 compared to diluted earnings per share from continuing operations of USD 0.96 a year ago.