Semtech (SMTC) Q1 FY27 earnings call

Semtech delivered record Q1 FY27 revenue and strong earnings growth, primarily fueled by exceptional performance in its data center and LoRa businesses. The company is actively investing in R&D for next-generation optical solutions and expanding capacity to meet accelerating demand, while also progressing with portfolio optimization through the divestiture of its cellular module business. Management anticipates continued strong growth into the second half of FY27 and beyond.