Lattice Semiconductor (LSCC) Misses Q4 EPS by 3c

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Lattice Semiconductor Reports Fourth Quarter and Full Year 2016 Results

February 15, 2017 4:00 PM EST

Fourth Quarter 2016 Financial Highlights*:

Revenue of $118.1 million. On a GAAP basis, net loss of $8.2 million or $0.07 per basic and diluted share. On a Non-GAAP basis, net income of $11.8 million or $0.10 per basic and diluted share. Gross margin of 53.7% on a GAAP basis and 53.9% on a non-GAAP basis. Lattice Semiconductor entered into a definitive agreement to be acquired by Canyon Bridge Capital Partners, Inc.

Full Year 2016 Financial Highlights*:

Revenue of $427.1 million.... More