Semtech Q2 FY2024 net sales $238.4M (+13.9% YoY); GAAP loss per share $5.97, Non-GAAP EPS $0.11

SEMTECH CORP

2024-Q2 EPS reported -$6.43 revenue$474,911,000

Net sales $238.4M, up 0.8% sequentially and 13.9% year-over-year.
GAAP net loss $382M ($5.97 diluted loss per share); Non-GAAP diluted EPS $0.11.
Cloud data center net sales grew 114% sequentially; high-end consumer grew 58% sequentially.
Paul H. Pickle became President and CEO effective June 30, 2023.
Mark Lin appointed EVP and CFO on September 8, 2023.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

SEMTECH CORP reported second quarter of fiscal year 2024, which ended July 30, 2023 results: revenue $238.4 million, net income GAAP Net loss attributable to common stockholders was $382.0 million, EPS $5.97 diluted loss per share.

Period: second quarter of fiscal year 2024, which ended July 30, 2023
Revenue: $238.4 million
Net income: GAAP Net loss attributable to common stockholders was $382.0 million
EPS: $5.97 diluted loss per share
Result: reported results

Exact text from the filing

Net sales of $238.4 million, an increase of 0.8% sequentially and 13.9% year-over-year

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Source: SEC EDGAR

accession 0000088941-23-000021

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