secwatch.observer — SEC 8-K summary
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Issuer:     SEMTECH CORP (SMTC)
CIK:        0000088941
Form:       8-K/A
Filed at:   2023-03-27T23:59:59+00:00
Accession:  0001193125-23-079379
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Semtech files Sierra Wireless audited FY2021 results: rev $473M, net loss $89M
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- Sierra Wireless FY2021 revenue $473.2M, net loss from continuing ops $88.7M vs FY2020 revenue $448.6M, net loss $70.2M.
- Goodwill at Dec 2021 totaled $167.4M, with $71M allocated to IoT Solutions reporting unit.
- FY2021 restructuring charges $12.3M and impairment $12.3M.
- Pro forma condensed combined financials filed to reflect Semtech acquisition as if occurred Feb 1, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88941/000119312523079379/0001193125-23-079379-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88941/000119312523079379/d413903d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-079379

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer