secwatch.observer — SEC 8-K summary
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Issuer:     LATTICE SEMICONDUCTOR CORP (LSCC)
CIK:        0000855658
Form:       8-K
Filed at:   2024-02-12T23:59:59+00:00
Accession:  0001437749-24-003754
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/855658/000143774924003754/0001437749-24-003754-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/855658/000143774924003754/lscc20231206_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-003754

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