Discontinued — last reported Q4 '24

Business Segments · Net Sales

IoT Systems — Net Sales

Semtech IoT Systems — Net Sales decreased by 95.5% to $3.50M in Q4 2023 compared to the prior quarter. 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 growing market demand and successful product adoption for the company's IoT hardware offerings.

Detailed definition

This metric represents the total revenue generated from the sale of IoT system products, including connectivity modules,...

Peer comparison

Comparable to hardware revenue segments in other semiconductor or IoT-focused technology companies.

Metric ID: smtc_segment_iot_systems_net_sales

Historical Data

11 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24
Value$0.00$0.00$0.00$0.00$50.43M$56.62M$49.69M$134.58M$119.46M$77.37M$3.50M
QoQ Change+12.3%-12.2%+170.8%-11.2%-35.2%-95.5%
YoY Change+166.9%+111.0%+55.7%
Range$0.00$134.58M
Avg YoY Growth+111.2%
Median YoY Growth+111.0%
Current Streak3 quarters decline

Frequently Asked Questions

What is Semtech's iot systems — net sales?
Semtech (SMTC) reported iot systems — net sales of $3.50M in Q4 2023.
What does iot systems — net sales mean?
The total revenue earned from selling IoT hardware and system products.