Lattice Semiconductor (LSCC) Tops Q2 EPS by 5c, Revenues Beat; Offers 3Q Revenue Outlook Below Consensus

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Go back to Lattice Semiconductor (LSCC) Tops Q2 EPS by 5c, Revenues Beat; Offers 3Q Revenue Outlook Below Consensus

Lattice Semiconductor Reports Second Quarter of 2018 Results

July 26, 2018 4:00 PM EDT

Second Quarter 2018 Highlights:

Company continues to execute on business strategy; delivers improved results with revenue at $102.7 million Gross Margin of 48.9% on a GAAP basis and 57.2% on a non-GAAP basis Gross Margin on a GAAP basis adversely impacted by impairment charges related to discontinuation of non-core millimeter wave business Net Loss of $0.16 per share on a GAAP basis and Net Income of $0.10 per share on a Non-GAAP Basis

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