LATTICE SEMICONDUCTOR GROUP REGISTRATION
LATTICE SEMICONDUCTOR GROUP SOFTWARE
LATTICE SEMICONDUCTOR GROUP PLUS

Non-GAAP Financial Measures: In addition to financial measures prepared in accordance with generally accepted accounting principles (GAAP), this earnings release makes reference to non-GAAP financial measures. Total operating expenses for the second quarter of 2023 are expected to be between $56 million and $58 million on a non-GAAP basis.

LATTICE SEMICONDUCTOR GROUP PLUS

Gross margin percentage for the second quarter of 2023 is expected to be 70% plus or minus 1% on a non-GAAP basis. Revenue for the second quarter of 2023 is expected to be between $183 million and $193 million.

LATTICE SEMICONDUCTOR GROUP REGISTRATION

Won a Grand Trophy Award for overall commitment to security-focused innovation from the Globee Cybersecurity Awards.Ģ023 Analyst and Investor Day: Registration is now live for Lattice Semiconductor's 2023 Analyst and Investor Day, which will be held on Monday, May 15, 2023.īusiness Outlook - Second Quarter of 2023:

Won two Artificial Intelligence Excellence Awards from The Business Intelligence Group. Named 'Top FPGA Company 2023' by Semiconductor Review magazine. Lattice Receives Multiple Industry Awards: Lattice also expanded its Lattice ORAN™ solution stack to accelerate current and next-gen secure telecommunications applications deployments.

LATTICE SEMICONDUCTOR GROUP SOFTWARE

New Software Solutions: Lattice launched the latest versions of its Lattice Automate™ and Lattice sensAI™ solution stacks, which equip customers with new factory automation and industrial machine vision capabilities. Based on the Lattice Nexus™ platform, this device family brings Lattice’s long-standing leadership in control FPGAs to a broader set of control function designs and applications for enterprise networking, machine vision, and industrial IoT. Profit Growth: Gross margin expanded 290 basis points on a GAAP basis and 260 basis points on a non-GAAP basis compared to Q1 2022, with net income per diluted share increasing 54% on a GAAP basis and 38% on a non-GAAP basis compared to Q4 2022.Ĭontinued Portfolio Expansion: Lattice introduced the MachXO5T™-NX family of advanced system control FPGAs. Record Revenue: Revenue increased 22% in Q1 2023 compared to Q1 2022 and 5% compared to Q4 2022, which represented the twelfth consecutive quarter of sequential growth. We also completed the tenth consecutive quarter of our share repurchase program.' We achieved record operating profit of 32% on a GAAP basis and 41% on a non-GAAP basis, and expanded gross margin by 290 basis points on a GAAP basis and 260 basis points on a non-GAAP basis compared to Q1 2022. Sherri Luther, CFO, said, 'Q1 2023 represented our twelfth consecutive quarter of sequential growth, with revenue increasing 5% compared to Q4 2022. While we’re not immune to macro-economic challenges impacting the industry, we have Lattice-specific growth drivers, which position us well for long-term growth in our core markets.' We drove 55% year-over-year growth in net income on a GAAP basis and 36% on a non-GAAP basis. Jim Anderson, president and CEO, said, 'Our strong growth and customer momentum continued into the first quarter of 2023 with a 22% year-over-year increase in revenue. HILLSBORO, Ore., May 01, 2023-( BUSINESS WIRE)-Lattice Semiconductor Corporation (NASDAQ: LSCC), the low power programmable leader, announced financial results today for the fiscal first quarter ended April 1, 2023. Additional information relating to these measures is included below in 'Non-GAAP Financial Measures.' For a reconciliation of GAAP to non-GAAP results, see accompanying tables 'Reconciliation of U.S. 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. Generally Accepted Accounting Principles. Net Income improves to $0.40 / $0.51 per diluted share for Q1 2023 on a GAAP / Non-GAAP basis, compared to $0.26 / $0.37, respectively, for Q1 2022 Gross Margin expands to 69.8% / 70.3% for Q1 2023 on a GAAP / Non-GAAP basis, compared to 66.9% / 67.7%, respectively, for Q1 2022 Record quarterly revenue with growth of 22% compared to Q1 2022 and 5% compared to Q4 2022

Lattice semiconductor group