Lattice Semiconductor (LSCC) Misses Q3 EPS by 1c

Lattice Semiconductor Reports Third Quarter 2016 Results

November 7, 2016 4:00 PM EST

Third Quarter 2016 Financial Highlights*:

Revenue of $113.2 million. On a GAAP basis, Net loss of $12.4 million or $0.10 per basic and diluted share. On a Non-GAAP basis, Net income of $5.9 million or $0.05 per basic and diluted share. Gross margin of 59.5% on a GAAP basis and 59.8% on a non-GAAP basis.

* GAAP represents U.S. Generally Accepted Accounting Principles. Non-GAAP represents GAAP excluding the impact of certain activities which the Company's management excludes in analyzing the Company's operating... More