Lattice Semiconductor Corp Stock Price, News & Analysis

Lattice Semiconductor (NASDAQ: LSCC) announces its exhibition plans for embedded world 2023 from March 14-16 in Nuremberg, Germany. The company will showcase advancements in FPGAs at their booth, highlighting applications in Automotive, Industrial, and Security. Key presentations include sessions on power supply with MIPI ULPS Mode, 5G connectivity solutions, and post-quantum cryptography. Lattice will collaborate with ecosystem partners to demonstrate technologies in embedded vision, AI, safety, and more. Attendees can visit Booth #528, Hall 4, to explore innovative solutions.

Lattice Semiconductor (NASDAQ: LSCC) has announced a collaboration with Green Hills Software to deliver secure solutions for embedded Industrial and Automotive applications. This partnership combines Lattice's Nexus™-based FPGAs with RISC-V® processors and Green Hills' production-proven µ-velOSity™ and MULTI® software. The aim is to enhance Edge computing designs, ensuring safety, reliability, and energy efficiency. The combined solutions promise improved productivity and lower costs for developers. Both companies emphasize the importance of these innovations in addressing challenges in safety and reliability in automotive and industrial sectors.

Lattice Semiconductor Corporation (NASDAQ: LSCC) reported strong financial results for Q4 and full year 2022, with revenue growth of 28.1% year-over-year. Q4 revenue rose 24.1%, marking eleven consecutive quarters of growth. Gross margins expanded to 69.4% GAAP and 70.0% non-GAAP for Q4 2022, up from 64.2% and 65.1% respectively last year. Net income improved significantly, reaching $0.37 GAAP and $0.49 non-GAAP per diluted share in Q4. The company launched the Lattice Avant™ platform, which enhances its market reach. For Q1 2023, revenue is projected between $175 million and $185 million.

Lattice Semiconductor (NASDAQ: LSCC) announced its Lattice ORAN™ solution stack was named a finalist in the 2023 Edison Awards in the commercial technology category. This toolkit enhances the development and deployment of FPGA-based telecom systems, emphasizing data security, flexible synchronization, and low power consumption. The recognition highlights Lattice's commitment to advancing secure and adaptable Open Radio Access Networks as the demand for 5G technologies escalates. Matt Dobrodziej, VP of Segment Marketing, emphasized the importance of Lattice ORAN in enabling secure, scalable network solutions for a connected world.

Lattice Semiconductor Corporation (NASDAQ: LSCC) will host its fourth quarter and full year 2022 conference call on February 13, 2023, at 5 p.m. Eastern Time. The call will feature President and CEO Jim Anderson and CFO Sherri Luther, discussing financial results and business outlook. Investors can participate by dialing 1-877-407-3982 or 1-201-493-6780 with identification number 13735470. A live webcast will also be available on Lattice's investor relations page.

GuardKnox and Lattice Semiconductor have announced a collaboration to develop a powerful low-power solution for next-gen Electrical/Electronic (E/E) architecture in the automotive sector. This partnership will integrate GuardKnox's CommEngine™ with Lattice's FPGA technology, focusing on enhancing speed, connectivity, and security for advanced automotive applications like ADAS. The collaboration aims to accelerate market readiness for innovative vehicles.