Lattice Semiconductor Reports First Quarter 2020 Results
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Lattice Semiconductor (LSCC) Tops Q1 EPS by 1c, Revenues Miss; Offers 2Q Revenue Outlook
April 28, 2020 4:44 PM EDTLattice Semiconductor (NASDAQ: LSCC) reported Q1 EPS of $0.15, $0.01 better than the analyst estimate of $0.14. Revenue for the quarter came in at $97.32 million versus the consensus estimate of $98.26 million.
Gross Margin Expands to 59.1% / 59.8% for Q1 2020 on a GAAP / Non-GAAP Basis, from 58.8% / 58.6%, respectively, for Q1 2019Operating Margin at 10.0% / 22.7% of revenue for Q1 2020 on a GAAP / Non-GAAP Basis, from 12.7% / 19.9%, respectively, for Q1 2019Net Income Improves to $0.06 / $0.15 Per Diluted Share for Q1 2020 on a GAAP / Non-GAAP Basis, from $0.05 / $0.11, respectively, for Q1 2019Jim Anderson, President and Chief Executive... More
