---
schema_version: "secwatch.filing_event.v1"
accession: "0000088941-24-000029"
form_type: "8-K"
ticker: "SMTC"
cik: "0000088941"
company_name: "SEMTECH CORP"
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T06:51:23.275545+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000088941-24-000029
- form_type: 8-K
- ticker: SMTC
- cik: 0000088941
- company_name: SEMTECH CORP
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88941/000008894124000029/0000088941-24-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88941/000008894124000029/smtc-20240328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000088941-24-000029
- JSON: https://secwatch.observer/filing/0000088941-24-000029.json
- Plain text: https://secwatch.observer/filing/0000088941-24-000029.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/88941/000008894124000029/0000088941-24-000029-index.htm

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