Lattice Semiconductor Reports Strong Q2 2024 Financial Results Amid Robust Growth
Lattice Semiconductor Corporation reports impressive Q2 2024 financial results, achieving $150 million in revenue, a 15% increase year-over-year. The growth is fueled by high demand for FPGA products in automotive and industrial sectors. With a gross margin of 65% and a commitment to innovation, Lattice is well-positioned for continued success in the competitive semiconductor market.
Lattice Semiconductor Reports Disappointing Q4 FY2023 Performance
Lattice Semiconductor (NASDAQ:LSCC) reported a disappointing Q4 FY2023 performance, with a 3% year-on-year revenue decline and a decrease in non-GAAP profit. Despite these challenges, the company’s president and CEO highlighted double-digit annual revenue growth and a strong position for the long-term, supported by a rapidly expanding product portfolio and robust customer momentum. Lattice Semiconductor specializes in customer-programmable chips for tasks such as machine learning and operates in a market driven by significant demand for processors and graphics chips, particularly related to AI and machine learning.