secwatch.observer — SEC 8-K summary
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Issuer:     SEMTECH CORP (SMTC)
CIK:        0000088941
Form:       8-K
Filed at:   2023-03-29T23:59:59+00:00
Accession:  0000088941-23-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Semtech Q4 net loss $51M; full year GAAP EPS $0.96; Sierra Wireless acquisition closed
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- Q4 GAAP net loss $51.0M, diluted loss per share $0.80 on net sales $167.5M.
- Full year net sales $756.5M, GAAP net income $61.4M, diluted EPS $0.96.
- Organic (ex-Sierra) Q4 net sales $152.5M, above guidance midpoint; organic non-GAAP gross margin 64.7%.
- Record LoRa-enabled revenue $187M FY, up 40% YoY; cumulative ~300M endpoints.
- Tri-Edge selected by major North American hyperscale for multi-year program starting H2 FY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88941/000008894123000003/0000088941-23-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88941/000008894123000003/smtc-20230329.htm
  HTML page:      https://secwatch.observer/filing/0000088941-23-000003

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