Lattice Semiconductor (LSCC) Tops Q1 EPS by 4c; Guides Q2 Revenue Above Views
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Lattice Semiconductor Reports First Quarter 2022 Results
May 3, 2022 4:00 PM EDTRevenue increases 30% compared to Q1 2021 and 6% compared to Q4 2021 Gross Margin expands to 66.9% / 67.7% for Q1 2022 on a GAAP / Non-GAAP basis, compared to 61.0% / 61.7%, respectively, for Q1 2021 Net Income improves to $0.26 / $0.37 per diluted share for Q1 2022 on a GAAP / Non-GAAP basis, compared to $0.13 / $0.22, respectively, for Q1 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
