Jefferies Resumes Lattice Semiconductor (LSCC) at Buy (Earlier)
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Lattice Semiconductor Reports First Quarter 2015 Results
May 4, 2015 4:00 PM EDTFirst Quarter 2015 Financial Highlights*:
Lattice closed its acquisition of Silicon Image on March 10, 2015. Financial results reflect the inclusion of Silicon Image's results subsequent to the acquisition date, acquisition and restructuring related expenses, and debt related costs. Revenue of $88.6 million on a GAAP basis and $90.4 million on a non-GAAP basis. Net loss of $53.3 million or $0.46 per basic and diluted share on a GAAP basis, compared to net income of $3.9 million or $0.03 per basic and diluted share on a non-GAAP basis. GAAP results reflect $4.9 million in restructuring costs,... More