earnings
confidence high
sentiment positive
materiality 0.85
Lattice Q2 revenue $201M (+62% YoY), record; guides Q3 FPGA rev $220M, total $255M
LATTICE SEMICONDUCTOR CORP
- GAAP EPS $0.14, non-GAAP EPS $0.53; both exceeded guidance high end.
- Revenue $201.1M, up 17.7% QoQ and 62.2% YoY; record quarterly revenue.
- AMI acquisition closed; combined Q3 revenue guidance $255M midpoint, implying $1B run rate.
- Non-GAAP gross margin 71.7%, up 240 bps YoY; adjusted EBITDA margin 43.0%.
- Q3 FPGA revenue guidance $220M midpoint, 65% YoY growth; total revenue $255M with AMI.