secwatch.observer — SEC 8-K summary
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Issuer:     LATTICE SEMICONDUCTOR CORP (LSCC)
CIK:        0000855658
Form:       8-K
Filed at:   2024-07-29T23:59:59+00:00
Accession:  0001437749-24-023731
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lattice Q2 revenue $124.1M (-34.7% YoY); GAAP EPS $0.16, non-GAAP $0.23
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- Revenue $124.1M, down 11.9% QoQ and 34.7% YoY; GAAP gross margin 68.3% (stable).
- GAAP net income $22.6M ($0.16 diluted EPS); non-GAAP net income $31.4M ($0.23 diluted EPS).
- Operating income GAAP $22.6M (-57.5% YoY); non-GAAP $31.5M (-58.5% YoY).
- Interim CEO cites cyclical industry headwinds and inventory normalization; sees improvement signs.
- CFO notes disciplined spending and share repurchases for 15th consecutive quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/855658/000143774924023731/0001437749-24-023731-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/855658/000143774924023731/lscc20240508_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-023731

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer