---
schema_version: "secwatch.filing_event.v1"
accession: "0000088941-23-000021"
form_type: "8-K"
ticker: "SMTC"
cik: "0000088941"
company_name: "SEMTECH CORP"
filed_at: "2023-09-13T23:59:59+00:00"
generated_at: "2026-06-10T19:44:55.258227+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000088941-23-000021
- form_type: 8-K
- ticker: SMTC
- cik: 0000088941
- company_name: SEMTECH CORP
- filed_at: 2023-09-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88941/000008894123000021/0000088941-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88941/000008894123000021/smtc-20230913.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000088941-23-000021
- JSON: https://secwatch.observer/filing/0000088941-23-000021.json
- Plain text: https://secwatch.observer/filing/0000088941-23-000021.txt

## Key facts
- Earnings Releases
  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
  source text: Net sales of $238.4 million, an increase of 0.8% sequentially and 13.9% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/88941/000008894123000021/0000088941-23-000021-index.htm

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