Lattice Semiconductor Files 10-Q for Third Quarter 2013 and Amends Financial Results

HILLSBORO, OR -- (Marketwired) -- Nov 05, 2013 -- Lattice Semiconductor Corporation (NASDAQ: LSCC) today filed its Form 10-Q for the third quarter ended September 28, 2013 with the U.S. Securities and Exchange Commission. In connection with this filing, Lattice has amended its third quarter results, which were originally reported on October 24, 2013. The tables below detail the amendments, including gross margin and net income (loss) per share increasing to 53.2% and $0.08 per basic and diluted share, respectively, for the three months ended September 28, 2013, compared to 52.4% and $0.07 per basic and diluted share, respectively, as originally reported on October 24, 2013.

As reported on October 24, 2013:

----------------------------------------------------------------------------
                                               Three Months    Nine Months  
                                                  Ended           Ended     
                                              September 28,   September 28, 
                                                   2013            2013     
----------------------------------------------------------------------------
Cost of Products Sold                        $       41,463  $      114,050 
----------------------------------------------------------------------------
Gross Margin %                                         52.4%           53.1%
----------------------------------------------------------------------------
Income (loss) from operations                $        8,230  $       17,886 
----------------------------------------------------------------------------
Income (loss) before income taxes            $        8,576  $       18,126 
----------------------------------------------------------------------------
Net Income (loss)                            $        8,159  $       15,059 
----------------------------------------------------------------------------
Net Income (loss) per share:                                                
----------------------------------------------------------------------------
Basic                                        $         0.07  $         0.13 
----------------------------------------------------------------------------
Diluted                                      $         0.07  $         0.13 
----------------------------------------------------------------------------

As Amended:

----------------------------------------------------------------------------
                                               Three Months    Nine Months  
                                                  Ended           Ended     
                                              September 28,   September 28, 
                                                   2013            2013     
----------------------------------------------------------------------------
Cost of Products Sold                        $       40,778  $      113,365 
----------------------------------------------------------------------------
Gross Margin %                                         53.2%           53.3%
----------------------------------------------------------------------------
Income (loss) from operations                $        8,915  $       18,571 
----------------------------------------------------------------------------
Income (loss) before income taxes            $        9,216  $       18,811 
----------------------------------------------------------------------------
Net Income (loss)                            $        8,844  $       15,744 
----------------------------------------------------------------------------
Net Income (loss) per share:                                                
----------------------------------------------------------------------------
Basic                                        $         0.08  $         0.14 
----------------------------------------------------------------------------
Diluted                                      $         0.08  $         0.13 
----------------------------------------------------------------------------

About Lattice Semiconductor:

Lattice Semiconductor (NASDAQ: LSCC) is the World's leading provider of ultra-low-power programmable IC solutions for makers of smartphones, mobile handheld devices, small-cell networking equipment, industrial control, automotive infotainment, and much more. With more than 1 billion units sold over the past 10 years, Lattice ships more FPGAs, CPLDs and Power Management solutions than any other programmable solutions vendor. For more information, visit www.latticesemi.com. You can also follow us via Twitter , Facebook , or RSS .

1 | 2  Next Page »



Review Article Be the first to review this article
Downstream : Solutuions for Post processing PCB Designs


Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
H-1B Visa: de Geus’ tragedy looms large
Peggy AycinenaIP Showcase
by Peggy Aycinena
IP for Cars: Lawsuits are like Sandstorms
More Editorial  
Jobs
Mechanical Designer/Engineer for Palo Alto Networks at Santa Clara, CA
Technical Support Engineer for EDA Careers at Freemont, CA
Lead Java Platform Engineer IOT-WEB for EDA Careers at San Francisco Area, CA
ASIC/FPGA Design Engineer for Palo Alto Networks at Santa Clara, CA
Technical Support Engineer EU/Germany/UK for EDA Careers at N/A, United Kingdom
Staff Software Engineer - (170059) for brocade at San Jose, CA
Upcoming Events
Embedded Systems Conference ESC Boston 2017 at Boston Convention & Exhibition Center Boston MA - May 3 - 4, 2017
2017 GPU Tech Conference at San Jose McEnery Convention Center 150 West San Carlos Street San Jose CA - May 8 - 11, 2017
High Speed Digital Design and PCB Layout at 13727 460 Ct SE North Bend WA - May 9 - 11, 2017
Nanotech 2017 Conference & Expo at Gaylord National Hotel & Convention Center WA - May 14 - 17, 2017
Verific: SystemVerilog & VHDL Parsers
DAC2017



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy