Lattice Semiconductor (LSCC) Tops Q1 EPS by 3c

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Lattice Semiconductor Reports First Quarter 2021 Results

May 4, 2021 4:00 PM EDT

Revenue Increases 19% Compared to Q1 2020 and 8% compared to Q4 2020 Gross Margin Expands to 61.0% / 61.7% for Q1 2021 on a GAAP / Non-GAAP Basis, from 59.1% / 59.8%, respectively, for Q1 2020 Net Income Improves to $0.13 / $0.22 Per Diluted Share for Q1 2021 on a GAAP / Non-GAAP Basis, Compared to $0.06 / $0.15, respectively, for Q1 2020

* GAAP represents U.S. Generally Accepted Accounting Principles. Non-GAAP represents GAAP excluding the impact of certain activities which the Company's management excludes in analyzing the Company's operating results and in understanding trends in the Company's earnings. Additional information relating to these measures is included below in Non-GAAP Financial... More