{"schema_version":"secwatch.filing_event.v1","accession":"0000088941-23-000015","form_type":"8-K","ticker":"SMTC","cik":"0000088941","company_name":"SEMTECH CORP","filed_at":"2023-06-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.650655+00:00","generated_at":"2026-06-14T06:15:34.232369+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Semtech Q1 FY2024 net sales $236.5M (+17% YoY); GAAP loss $0.46, non-GAAP EPS $0.02","bullets":["Net sales $236.5M, up 41.2% sequentially and 17.0% year-over-year.","GAAP gross margin 43.5%; non-GAAP gross margin 48.5%.","GAAP diluted loss per share $0.46; non-GAAP diluted EPS $0.02.","Appointed Paul H. Pickle as next president and CEO, effective May 30, 2023.","Entered second amendment to credit agreement for additional financial covenant cushion on June 6, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000088941-23-000015","json":"https://secwatch.observer/filing/0000088941-23-000015.json","markdown":"https://secwatch.observer/filing/0000088941-23-000015.md","text":"https://secwatch.observer/filing/0000088941-23-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/88941/000008894123000015/0000088941-23-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/88941/000008894123000015/smtc-20230607.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T06:15:34.232369+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"60295847a72c2ba3755907043a417bf85d8d05e2","claim":"SEMTECH CORP reported the first quarter of fiscal year 2024, which ended April 30, 2023 results: revenue $236.5 million, net income $29.4 million, EPS $0.46 diluted loss per share.","evidence_excerpt":"Results on a GAAP basis for the First Fiscal Quarter 2024 • Net sales were $236.5 million • GAAP Gross margin was 43.5% • GAAP SG&A expense was $58.1 million • GAAP R&D expense was $51.8 million • GAAP Operating margin was (5.0)% • GAAP Interest expense was $20.5 million - more - 2 Semtech Announces First Quarter of Fiscal Year 2024 Results • GAAP Net loss attributable to common stockholders was $29.4 million or $0.46 diluted loss per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/88941/000008894123000015/0000088941-23-000015-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of fiscal year 2024, which ended April 30, 2023"},{"label":"Revenue","value":"$236.5 million"},{"label":"Net income","value":"$29.4 million"},{"label":"EPS","value":"$0.46 diluted loss per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}