Lattice Semiconductor (LSCC) Misses Q2 EPS by 6c, Lowers FY Guidance

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Go back to Lattice Semiconductor (LSCC) Misses Q2 EPS by 6c, Lowers FY Guidance

Lattice Semiconductor Reports Second Quarter 2015 Results

July 30, 2015 4:00 PM EDT

Second Quarter 2015 Financial Highlights*:

Revenue of $106.5 million on a GAAP basis and $109.4 million on a non-GAAP basis. Net loss of $35.6 million or $0.30 per basic and diluted share on a GAAP basis, compared to net loss of $8.6 million or $0.07 per basic and diluted share on a non-GAAP basis. GAAP results reflect $4.1 million in restructuring costs, $3.3 million in acquisition related charges, a $4.1 million tax provision, $8.9 million in amortization of acquired intangible assets and $5.0 million in stock based compensation expense. Gross margin of 54.6% on a GAAP basis and... More