#Lattice semiconductor group software

New Software Solutions: Lattice launched the latest versions of its Lattice Automate™ and Lattice sensAI™ solution stacks, which equip customers with new factory automation and industrial machine vision capabilities. Based on the Lattice Nexus™ platform, this device family brings Lattice’s long-standing leadership in control FPGAs to a broader set of control function designs and applications for enterprise networking, machine vision, and industrial IoT. Profit Growth: Gross margin expanded 290 basis points on a GAAP basis and 260 basis points on a non-GAAP basis compared to Q1 2022, with net income per diluted share increasing 54% on a GAAP basis and 38% on a non-GAAP basis compared to Q4 2022.Ĭontinued Portfolio Expansion: Lattice introduced the MachXO5T™-NX family of advanced system control FPGAs. Record Revenue: Revenue increased 22% in Q1 2023 compared to Q1 2022 and 5% compared to Q4 2022, which represented the twelfth consecutive quarter of sequential growth. We also completed the tenth consecutive quarter of our share repurchase program.' We achieved record operating profit of 32% on a GAAP basis and 41% on a non-GAAP basis, and expanded gross margin by 290 basis points on a GAAP basis and 260 basis points on a non-GAAP basis compared to Q1 2022. Sherri Luther, CFO, said, 'Q1 2023 represented our twelfth consecutive quarter of sequential growth, with revenue increasing 5% compared to Q4 2022. While we’re not immune to macro-economic challenges impacting the industry, we have Lattice-specific growth drivers, which position us well for long-term growth in our core markets.' We drove 55% year-over-year growth in net income on a GAAP basis and 36% on a non-GAAP basis. Jim Anderson, president and CEO, said, 'Our strong growth and customer momentum continued into the first quarter of 2023 with a 22% year-over-year increase in revenue. HILLSBORO, Ore., May 01, 2023-( BUSINESS WIRE)-Lattice Semiconductor Corporation (NASDAQ: LSCC), the low power programmable leader, announced financial results today for the fiscal first quarter ended April 1, 2023. Additional information relating to these measures is included below in 'Non-GAAP Financial Measures.' For a reconciliation of GAAP to non-GAAP results, see accompanying tables 'Reconciliation of U.S. Non-GAAP represents GAAP excluding the impact of certain activities which the Company's management excludes in analyzing the Company's operating results and in understanding trends in the Company's earnings. Generally Accepted Accounting Principles. Net Income improves to $0.40 / $0.51 per diluted share for Q1 2023 on a GAAP / Non-GAAP basis, compared to $0.26 / $0.37, respectively, for Q1 2022

Gross Margin expands to 69.8% / 70.3% for Q1 2023 on a GAAP / Non-GAAP basis, compared to 66.9% / 67.7%, respectively, for Q1 2022 Our technology, long-standing relationships, and commitment to world-class support let our customers quickly and easily unleash their innovation to create a smart, secure, and connected world.Record quarterly revenue with growth of 22% compared to Q1 2022 and 5% compared to Q4 2022 We solve customer problems across the network, from the Edge to the Cloud, in the growing Communications, Computing, Industrial, Automotive, and Consumer markets. Lattice Semiconductor (NASDAQ: LSCC) is the low power programmable leader. Members of the GSA represent 70 percent of the $450B+ semiconductor industry. The annual GSA Awards celebrate the accomplishments of the semiconductor industry and honor the best performing companies and top leaders. 'The GSA Awards honor companies showcasing unparalleled excellence through their contributions to the industry, and we look forward to the innovation that Lattice will continue to accelerate.' 'The GSA congratulates Lattice Semiconductor on winning the 2022 Most Respected Public Semiconductor Company Award,' said Jodi Shelton, GSA CEO and co-founder. I’m deeply grateful and proud to be part of such a creative and dedicated team who are committed to delivering breakthrough innovation to address our customers' needs,' said Jim Anderson, President and Chief Executive Officer at Lattice.

'On behalf of all Lattice team members around the world, I thank the GSA for once again honoring Lattice with this prestigious award. GSA awards recognize companies that have demonstrated excellence through their vision, innovation, execution, and future opportunity, as determined by votes from GSA members. HILLSBORO, Ore., December 09, 2022-( BUSINESS WIRE)- Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced that it was selected as a winner of the Most Respected Public Semiconductor Company for the third year in a row at the 2022 Global Semiconductor Alliance (GSA) Awards. ‒ Named ‘Most Respected Public Semiconductor Company Award’ for third consecutive year ‒

Lattice semiconductor group