---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-013682"
form_type: "8-K"
ticker: "LSCC"
cik: "0000855658"
company_name: "LATTICE SEMICONDUCTOR CORP"
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T06:02:57.680111+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lattice Semi Q1 revenue $140.8M, down 23.6% YoY; GAAP EPS $0.11, non-GAAP $0.29

## Summary
- Revenue $140.8M, -17.5% Q/Q and -23.6% Y/Y; GAAP gross margin 68.3%, down 150 bps YoY.
- GAAP net income $14.8M ($0.11 diluted); non-GAAP net income $40.3M ($0.29 diluted).
- GAAP operating income $16.6M, -72% YoY; operating expenses rose to 54.7% of revenue.
- Non-GAAP gross margin 69.0%, down 130 bps YoY; operating expenses up 550 bps R&D, 820 bps SG&A as % of revenue.
- CEO cites cyclical industry headwinds; company executed 14th consecutive quarter of share repurchases.

## SEC filing metadata
- accession: 0001437749-24-013682
- form_type: 8-K
- ticker: LSCC
- cik: 0000855658
- company_name: LATTICE SEMICONDUCTOR CORP
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/855658/000143774924013682/0001437749-24-013682-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/855658/000143774924013682/lscc20240229_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-013682
- JSON: https://secwatch.observer/filing/0001437749-24-013682.json
- Plain text: https://secwatch.observer/filing/0001437749-24-013682.txt

## Key facts
- Earnings Releases
  LATTICE SEMICONDUCTOR CORP reported financial results for the fiscal first quarter ended March 30, 2024.
  - Period: the fiscal first quarter ended March 30, 2024
  - Result: reported results
  source text: On April 29, 2024, Lattice Semiconductor Corporation (the "Company") issued a press release announcing the Company's financial results for the first quarter ended March 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/855658/000143774924013682/0001437749-24-013682-index.htm

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