Lattice Semiconductor reports record Q3 revenue up 31% YoY; EPS beats

LATTICE SEMICONDUCTOR CORP

2022-Q3 EPS reported $0.90 revenue$484,396,000

Revenue grew 31% YoY and 7% sequentially to a record level in Q3 2022.
GAAP gross margin 68.8% (up from 62.8% YoY); non-GAAP margin 69.5% (up from 63.6%).
GAAP diluted EPS $0.33 vs $0.19 YoY; non-GAAP diluted EPS $0.48 vs $0.28.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

LATTICE SEMICONDUCTOR CORP reported the third quarter ended October 1, 2022 results: EPS $0.33 / $0.48 per diluted share.

Period: the third quarter ended October 1, 2022
EPS: $0.33 / $0.48 per diluted share
Result: reported results

Exact text from the filing

LATTICE SEMICONDUCTOR REPORTS Third QUARTER 2022 RESULTS • Record quarterly revenue with growth of 31% compared to Q3 2021 and 7% compared to Q2 2022 • Gross Margin expands to 68.8% / 69.5% for Q3 2022 on a GAAP / Non-GAAP basis, compared to 62.8% / 63.6%, respectively, for Q3 2021 • Net Income improves to $0.33 / $0.48 per diluted share for Q3 2022 on a GAAP / Non-GAAP basis, compared to $0.19 / $0.28, respectively, for Q3 2021

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Source: SEC EDGAR

accession 0001437749-22-025164

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