Lattice Semiconductor (LSCC) Misses Q2 EPS by 2c

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Lattice Semiconductor Reports Second Quarter 2016 Results

August 9, 2016 4:00 PM EDT

Second Quarter 2016 Financial Highlights*:

Revenue of $99.2 million. On a GAAP basis, Net loss of $13.8 million or $0.12 per basic and diluted share. On a Non-GAAP basis, Net income of $0.2 million or $0.00 per basic and diluted share. On a GAAP basis, Operating expenses of $64.8 million. On a Non-GAAP basis, Operating expenses of $50.8 million. Gross margin of 58.9% on a GAAP basis and 59.1% on a non-GAAP basis.

* GAAP represents U.S. Generally Accepted Accounting... More