The company forecasts net sales in the range of $188 – $198 million, while the consensus estimate is pegged at $189 million. Additionally, adjusted earnings are forecast to be in the range of $0.68 to $0.76 per share, while gross margin is expected to range between 62.8% and 63.8%. Semtech CEO Mohan Maheswaran commented, "We are confident that we should be able to continue to execute across all our product groups and deliver a record performance in FY2022."