Key Takeaways Semtech posted strong earnings, net sales, and operating cash flow in the fourth quarter, sending shares higher.The chipmaker reported positive GAAP profit after registering a loss a year earlier.

Semiconductor company Semtech (NASDAQ:SMTC) in Q4 CY2024, with sales up 30.1% year on year to $251 million. On the other hand, next quarter’s revenue guidance of $250 million was less impressive, coming in 2.