---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-003754"
form_type: "8-K"
ticker: "LSCC"
cik: "0000855658"
company_name: "LATTICE SEMICONDUCTOR CORP"
filed_at: "2024-02-12T23:59:59+00:00"
generated_at: "2026-06-06T04:36:29.806301+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lattice Semiconductor reports record FY2023 revenue of $737M, up 12% YoY; Q4 sequential decline

## Summary
- Q4 revenue $170.6M (-11.2% Q/Q, -3.0% Y/Y); GAAP net income $0.71/diluted share (incl. $0.41 tax benefit).
- FY2023 GAAP revenue $737.2M (+11.6% YoY); GAAP gross margin 69.8% (+130 bps); non-GAAP gross margin 70.4% (+130 bps).
- FY2023 non-GAAP operating margin record 39.8%; non-GAAP EPS $2.01, up 14.9% YoY.
- Record FY2023 cash from operations, up 13% YoY; ended year with zero outstanding debt.
- Q4 share repurchases ~900,000 shares, marking 13th consecutive quarter of buybacks.

## SEC filing metadata
- accession: 0001437749-24-003754
- form_type: 8-K
- ticker: LSCC
- cik: 0000855658
- company_name: LATTICE SEMICONDUCTOR CORP
- filed_at: 2024-02-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/855658/000143774924003754/0001437749-24-003754-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/855658/000143774924003754/lscc20231206_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-003754
- JSON: https://secwatch.observer/filing/0001437749-24-003754.json
- Plain text: https://secwatch.observer/filing/0001437749-24-003754.txt

## Key facts
- Earnings Releases
  LATTICE SEMICONDUCTOR CORP reported full year ended December 30, 2023 results: revenue $737.2 million, EPS $1.85 per diluted share.
  - Period: full year ended December 30, 2023
  - Revenue: $737.2 million
  - EPS: $1.85 per diluted share
  - Result: reported results
  source text: Revenue for the full year 2023 was $737.2 million, with GAAP gross margin of 69.8% and GAAP net income of $1.85 per diluted share, including a GAAP-only income tax benefit of $0.41 per diluted share associated with a valuation release.
  evidence_url: https://www.sec.gov/Archives/edgar/data/855658/000143774924003754/0001437749-24-003754-index.htm
- Earnings Releases
  LATTICE SEMICONDUCTOR CORP reported fourth quarter ended December 30, 2023 results: revenue $170.6 million, EPS $0.71 per diluted share.
  - Period: fourth quarter ended December 30, 2023
  - Revenue: $170.6 million
  - EPS: $0.71 per diluted share
  - Result: reported results
  source text: Revenue for the fourth quarter of 2023 was $170.6 million, with GAAP gross margin of 69.7% and GAAP net income of $0.71 per diluted share, including a GAAP-only income tax benefit of $0.41 per diluted share associated with a valuation release.
  evidence_url: https://www.sec.gov/Archives/edgar/data/855658/000143774924003754/0001437749-24-003754-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.