Lattice Semiconductor (LSCC) Edges Higher on Another Beat-and-Raise, Steady Progress Against High Expectations Says Analyst

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Lattice Semiconductor Reports Second Quarter 2021 Results

August 3, 2021 4:00 PM EDT

Revenue increases 25% compared to Q2 2020 and 9% compared to Q1 2021 Gross Margin Expands to 61.3% / 62.1% for Q2 2021 on a GAAP / Non-GAAP Basis, from 60.2% / 61.3%, respectively, for Q2 2020 Net Income Improves to $0.15 / $0.25 Per Diluted Share for Q2 2021 on a GAAP / Non-GAAP Basis, Compared to $0.08 / $0.17, respectively, for Q2 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