---
schema_version: "secwatch.filing_event.v1"
accession: "0000088941-22-000022"
form_type: "8-K"
ticker: "SMTC"
cik: "0000088941"
company_name: "SEMTECH CORP"
filed_at: "2022-11-30T23:59:59+00:00"
generated_at: "2026-06-21T11:58:29.837413+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Semtech Q3 FY2023 net sales $177.6M, GAAP EPS $0.36, non-GAAP $0.65

## Summary
- Net sales $177.6M, down 15.1% sequentially and 8.9% year-over-year.
- GAAP gross margin 65.1% (record), non-GAAP gross margin 65.5% (record).
- GAAP diluted EPS $0.36, non-GAAP diluted EPS $0.65.
- Issued $319.5M principal amount of 1.625% convertible senior notes due 2027.
- Cooperating with DOJ on second request for Sierra Wireless acquisition; working to close quickly.

## SEC filing metadata
- accession: 0000088941-22-000022
- form_type: 8-K
- ticker: SMTC
- cik: 0000088941
- company_name: SEMTECH CORP
- filed_at: 2022-11-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88941/000008894122000022/0000088941-22-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88941/000008894122000022/smtc-20221130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000088941-22-000022
- JSON: https://secwatch.observer/filing/0000088941-22-000022.json
- Plain text: https://secwatch.observer/filing/0000088941-22-000022.txt

## Key facts
- Earnings Releases
  SEMTECH CORP reported the third quarter of fiscal year 2023, which ended October 30, 2022 results: revenue $177.6 million, net income $22.7 million, EPS $0.36.
  - Period: the third quarter of fiscal year 2023, which ended October 30, 2022
  - Revenue: $177.6 million
  - Net income: $22.7 million
  - EPS: $0.36
  - Result: reported results
  source text: reported unaudited financial results for its third quarter of fiscal year 2023, which ended October 30, 2022. Highlights for the Third Quarter of Fiscal Year 2023 • Net sales of $177.6 million, a decrease of 15.1% sequentially and 8.9% year-over-year • Record GAAP gross margin of 65.1% and record Non-GAAP gross margin of 65.5% • GAAP and non-GAAP diluted earnings per
  evidence_url: https://www.sec.gov/Archives/edgar/data/88941/000008894122000022/0000088941-22-000022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.