Lattice Semiconductor (LSCC) Tops Q4 EPS by 5c, Offers Outlook

Lattice Semiconductor (NASDAQ: LSCC) reported Q4 EPS of $0.13, $0.05 better than the analyst estimate of $0.08. Revenue for the quarter came in at $83.6 million versus the consensus estimate of $84.86 million.

Business Outlook - First Quarter 2015:

Excluding the effects of our recently announced intent to acquire Silicon Image, our outlook for the First Quarter of 2015 is as follows:

• Revenue is expected to be approximately flat plus or minus 2%, as compared to the fourth quarter of 2014.
• Gross margin percentage is expected to be approximately 55% plus or minus 2%.
• Total operating expenses are expected to increase approximately 1%, as compared to the fourth quarter of 2014.

For earnings history and earnings-related data on Lattice Semiconductor (LSCC) click here.

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