Lattice Semiconductor (LSCC) Tops Q2 EPS by 2c

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Lattice Semiconductor Reports Second Quarter 2022 Results

August 1, 2022 4:00 PM EDT

Record quarterly revenue with growth of 28% compared to Q2 2021 and 7% compared to Q1 2022

Gross Margin expands to 68.5% / 69.1% for Q2 2022 on a GAAP / Non-GAAP basis, compared to 61.3% / 62.1%, respectively, for Q2 2021

Net Income improves to $0.32 / $0.42 per diluted share for Q2 2022 on a GAAP / Non-GAAP basis, compared to $0.15 / $0.25, respectively, for Q2 2021

* 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... More