Discontinued — last reported Q4 '24
Business Segments · Net Sales
IoT Connected Services — Net Sales
Semtech IoT Connected Services — Net Sales decreased by 0.1% to $24.19M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 365.8%, from $5.19M to $24.19M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2024Mar 28, 2024
Rolls up toTotal Revenue
How to read this metric
An increase indicates successful scaling of service-based offerings and growing demand for the company's IoT connectivity solutions.
Detailed definition
This metric represents the total revenue generated from the IoT Connected Services business segment, which focuses on pr...
Peer comparison
Comparable to recurring service revenue or subscription-based revenue metrics in other IoT or telecommunications hardware companies.
Metric ID:
smtc_segment_iot_connected_services_net_salesHistorical Data
12 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.19M | $24.26M | $23.89M | $24.22M | $24.19M |
| QoQ Change | — | — | — | — | — | — | — | — | +367.2% | -1.5% | +1.4% | -0.1% |
| YoY Change | — | — | — | — | — | — | — | — | — | — | — | +365.8% |
Range$0.00 – $24.26M
Avg YoY Growth+365.8%
Median YoY Growth+365.8%
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Frequently Asked Questions
- What is Semtech's iot connected services — net sales?
- Semtech (SMTC) reported iot connected services — net sales of $24.19M in Q4 2023.
- How has Semtech's iot connected services — net sales changed year-over-year?
- Semtech's iot connected services — net sales increased by 365.8% year-over-year, from $5.19M to $24.19M.
- What does iot connected services — net sales mean?
- The total revenue earned from providing IoT connectivity and related services.