Lattice Semiconductor (LSCC) Reports In-Line Q1 EPS, Q2 Rev. Guidance Comes in Light

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Go back to Lattice Semiconductor (LSCC) Reports In-Line Q1 EPS, Q2 Rev. Guidance Comes in Light

Lattice Semiconductor Reports First Quarter 2016 Results

May 9, 2016 4:00 PM EDT

First Quarter 2016 Financial Highlights*:

Revenue of $96.5 million on both a GAAP and non-GAAP basis. Net loss of $19.7 million or $0.17 per basic and diluted share on a GAAP basis, and $1.0 million or $0.01 per basic and diluted share on a non-GAAP basis. Operating expenses of $70.5 million on a GAAP basis, and $51.9 million on a non-GAAP basis. Gross margin of 59.2% on a GAAP basis and 60.0% on a non-GAAP basis.

* For a reconciliation of GAAP to non-GAAP results, see accompanying tables... More