secwatch.observer — SEC 8-K summary
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Issuer:     SEMTECH CORP (SMTC)
CIK:        0000088941
Form:       8-K
Filed at:   2022-11-30T23:59:59+00:00
Accession:  0000088941-22-000022
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88941/000008894122000022/0000088941-22-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88941/000008894122000022/smtc-20221130.htm
  HTML page:      https://secwatch.observer/filing/0000088941-22-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer