Lattice Semiconductor (LSCC) Misses Q4 EPS by 8c, Q1 Revenue Guidance Comes in Light

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Lattice Semiconductor Reports Fourth Quarter and Full Year 2015 Results

February 17, 2016 4:00 PM EST

Financial Highlights*:

Fourth quarter 2015 revenue of $101.2 million on a GAAP basis and $101.3 million on a non-GAAP basis (excluding $7 million of forecasted Q4 revenue from an IP contract that will now be recognized as revenue when payments are received). Fourth quarter 2015 net loss of $45.5 million or $0.38 per basic and diluted share on a GAAP basis, and net loss of $5.0 million or $0.04 per basic and diluted share on a non-GAAP basis. Fourth quarter 2015 operating expenses of $90.6 million on a GAAP basis (includes a $21.7 million impairment of goodwill and... More