secwatch.observer — SEC 8-K summary
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Issuer:     LATTICE SEMICONDUCTOR CORP (LSCC)
CIK:        0000855658
Form:       8-K
Filed at:   2025-02-10T23:59:59+00:00
Accession:  0001437749-25-003302
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lattice Q4 revenue $117.4M (-31% YoY), GAAP EPS $0.12; appoints new CFO
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- Q4 revenue $117.4M vs $170.6M YoY; GAAP net income $16.5M ($0.12) vs $98.7M ($0.71) in Q4 2023.
- Non-GAAP EPS $0.15; GAAP gross margin 61.1% down 860 bps YoY; FY revenue $509.4M (-30.9%).
- Board authorized additional $100M share repurchase through Dec 2025; repurchased ~6M shares since Q4 2020.
- Lorenzo Flores appointed CFO (eff. Feb 10); base $600K, sign-on $667K, ~$13.5M equity awards.
- Interim CFO Tonya Stevens becomes CAO; Erhaan Shaikh promoted to SVP Worldwide Sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/855658/000143774925003302/0001437749-25-003302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/855658/000143774925003302/lscc20241105_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-003302

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