Lattice Q1 revenue $120.1M, down 14.7% YoY; GAAP EPS $0.04, non-GAAP EPS $0.22

LATTICE SEMICONDUCTOR CORP

2025-Q1 EPS reported $0.04 revenue$120,150,000

Revenue $120.1M, up 2.3% QoQ but down 14.7% YoY; GAAP gross margin 68.0%, non-GAAP 69.0%.
GAAP net income $5.0M ($0.04 diluted EPS) vs $14.8M ($0.11) in Q1 2024.
Non-GAAP net income $30.7M ($0.22 diluted EPS), down from $40.3M ($0.29) YoY.
Adjusted EBITDA $40.1M (33.4% margin), free cash flow $23.3M (19.4% margin).
CEO cited record design wins in datacenter AI, industrial robotics, automotive, AR/VR.

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