Lattice Semi Q1 revenue record +22% YoY; GAAP EPS $0.40, adj $0.51

LATTICE SEMICONDUCTOR CORP

2023-Q1 EPS reported $0.40 revenue$184,310,000

Record quarterly revenue, up 22% YoY and 5% sequentially from Q4 2022.
GAAP gross margin 69.8%, Non-GAAP 70.3%, up from 66.9%/67.7% in Q1 2022.
GAAP diluted EPS $0.40; Non-GAAP diluted EPS $0.51, vs $0.26/$0.37 in Q1 2022.

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 0.9

LATTICE SEMICONDUCTOR CORP reported first quarter ended April 1, 2023 results: revenue Record quarterly revenue with growth of 22% compared to Q1 2022 and 5% compared to Q4 2022, net income Net Income improves to $0.40 / $0.51 per diluted share for Q1 2023 on a GAAP / Non-GAAP basis, EPS $0.40 / $0.51 per diluted share.

Period: first quarter ended April 1, 2023
Revenue: Record quarterly revenue with growth of 22% compared to Q1 2022 and 5% compared to Q4 2022
Net income: Net Income improves to $0.40 / $0.51 per diluted share for Q1 2023 on a GAAP / Non-GAAP basis
EPS: $0.40 / $0.51 per diluted share
Result: reported results

Exact text from the filing

On May 1, 2023, Lattice Semiconductor Corporation (the “Company”) issued a press release announcing the Company's financial results for the first quarter ended April 1, 2023.

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Source: SEC EDGAR

accession 0001437749-23-011879

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