Lattice Semiconductor (LSCC) Tops Q3 EPS by 4c, Offers Q4 Guidance

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Lattice Semiconductor Reports Third Quarter 2021 Results

November 2, 2021 4:00 PM EDT

Revenue increases 28% compared to Q3 2020 and 5% compared to Q2 2021 Gross Margin Expands to 62.8% / 63.6% for Q3 2021 on a GAAP / Non-GAAP Basis, from 60.5% / 61.5%, respectively, for Q3 2020 Net Income Improves to $0.19 / $0.28 Per Diluted Share for Q3 2021 on a GAAP / Non-GAAP Basis, Compared to $0.09 / $0.19, respectively, for Q3 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