Lattice Semiconductor Corp Stock Price, News & Analysis

Lattice Semiconductor Corporation (NASDAQ: LSCC) reported a 28% revenue increase year-over-year for Q3 2021, totaling $131.9 million, with net income rising 112% to $0.19 per diluted share on a GAAP basis. Gross margin expanded to 62.8%, up from 60.5% YoY. Operating profit reached 20.5%. Lattice achieved a record cash flow of $116 million year-to-date and repurchased $55 million in shares. The company expects Q4 2021 revenue between $129 million and $139 million, with non-GAAP gross margin anticipated at around 64%. The firm also received the 2021 Sustainability Leadership Award.

Lattice Semiconductor (NASDAQ: LSCC) announced that its CertusPro™-NX FPGA has been nominated as a finalist for the 2021 Elektra Awards in the Digital Semiconductor Product of the Year category. The CertusPro-NX FPGA family offers superior system bandwidth and power efficiency for various applications, such as 5G communications and ADAS systems. With remarkable features, including up to 65% more on-chip memory than competing products, it supports the LPDDR4 DRAM memory standard. Winners will be announced at a ceremony in London on Dec. 1, 2021.

Lattice Semiconductor Corporation (NASDAQ: LSCC) is hosting free online training sessions from October 25 to October 28 as part of the Lattice Education Competence Center (LEC2). The sessions focus on developing embedded vision applications using Lattice's low power FPGAs. Topics include VHDL for Synthesis, Device Architecture for Machine Vision, and more. Sponsored by Macnica ATD Europe, these sessions require advance registration. For additional details, visit www.lec2-fpga.com.

Lattice Semiconductor Corporation (NASDAQ: LSCC) announces a free webinar scheduled for October 27, 2021, at 2:00 PM EDT. This event will focus on the Lattice Automate™ solution stack for developing low power programmable industrial automation applications. Key areas of discussion include robotics, motor control with predictive maintenance, and real-time industrial networking. Attendees will learn about software design tools, IP building blocks, and demonstration services available through the Automate stack. Advance registration is required.

Lattice Semiconductor Corporation (NASDAQ: LSCC) is set to hold its third quarter 2021 conference call on November 2, 2021 at 5:00 p.m. Eastern Time. During the call, President and CEO Jim Anderson and CFO Sherri Luther will discuss the company's financial results and outlook. Interested parties can join via a dial-in number or through a live webcast available on the company's investor relations website.

Lattice is recognized as a leader in low power programmable solutions, serving various markets including communications, computing, and automotive.

Lattice Semiconductor (NASDAQ: LSCC) announces a presentation at the Linley Fall Processor Conference 2021, scheduled for October 20 at 10:10 a.m. PT. The presentation will highlight the development of machine learning applications optimized for low power consumption utilizing Lattice FPGAs and the Lattice sensAI solution stack. As demand for sophisticated, always-on Edge devices rises, the sensAI stack aims to provide designers with the necessary tools for effective ML application development.

intoPIX announced its participation at the VISION show 2021 from October 5-7 in Stuttgart, showcasing new solutions for machine vision utilizing Lattice CrossLink™-NX FPGA. These innovations include JPEG XS and TICO-RAW compression technologies. The Lattice FPGA enables low-power image processing for high-resolution images, supporting applications from 2 to over 100 Megapixels with lossless quality and microsecond latency. Mark Hoopes of Lattice emphasized the importance of combining these technologies for enhancing smart factories and automotive applications.

Lattice Semiconductor Corporation (NASDAQ: LSCC) announced that its Lattice Sentry™ solution stack and Lattice SupplyGuard™ service have been nominated as finalists for the prestigious Electronics Industry Awards in the Internet of Things Product of the Year category. The awards recognize innovative products in the electronics industry, with winners announced on Oct. 21, 2021.

Vice President of Security Business, Eric Sivertson, emphasized the importance of comprehensive security solutions for OEMs in the connected device landscape.

Lattice Semiconductor Corporation (NASDAQ: LSCC) announced its participation in the Valley Machine Learning and Artificial Intelligence Expo 2021, scheduled for October 14, 2021, at 1 p.m. Pacific time. The company will showcase the Lattice sensAI™ solution stack, designed to expedite the development of Edge machine learning applications. This solution, alongside Lattice's low power FPGAs, provides developers with essential tools, reference designs, and design services to create efficient AI/ML solutions tailored for smart Edge devices.