Semtech Q4 revenue $192.9M; GAAP EPS loss $9.98 on goodwill/intangibles impairments

SEMTECH CORP

2024-FY EPS reported -$17.03 revenue$868,758,000

Q4 net sales $192.9M above guidance midpoint; GAAP gross margin (0.2)% due to $605M impairment charges.
GAAP diluted loss per share $9.98 includes $473.8M goodwill and $131.4M intangible impairments.
Non-GAAP diluted loss per share $0.06; non-GAAP gross margin 48.9%, above guidance midpoint.
FY2024 net sales $868.8M; GAAP diluted loss per share $17.03; non-GAAP diluted EPS $0.14.
Positive operating cash flow of $13.9M and free cash flow $12.2M; completed $5M optional credit facility prepayment.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SEMTECH CORP reported financial results for fiscal year 2024, which ended January 28, 2024.

Period: fiscal year 2024, which ended January 28, 2024
Result: reported results

Exact text from the filing

On March 28, 2024, the Registrant issued a press release announcing its financial results for the fourth quarter and fiscal year 2024, which ended January 28, 2024.

View on SEC.gov

1341 earnings releases filed in the last 30 days. Browse all earnings releases →

SEMTECH CORP filing history →

Source: SEC EDGAR

accession 0000088941-24-000029

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.