Semtech Corporation announced plans to release the financial results for its first quarter fiscal year 2023 after the close of the market Wednesday, June 1, 2022. Read more
Semtech Corporation announced it has completed the divestiture of its high reliability discrete diodes and assemblies business to Micross Components, Inc. for $30 million in an all-cash transaction. Fiscal year 2022 revenue for this business was approximately $14 million. All employees will be retained by Micross Components and continue to support the future of the business. Additional details regarding the impact of this transaction will be discussed in Semtech’s Q1 fiscal year 2023 earnings call. Read more