Welcome to our dedicated page for Lattice Semiconductor news (Ticker: LSCC), a resource for investors and traders seeking the latest updates and insights on Lattice Semiconductor stock.
Lattice Semiconductor Corporation develops low-power programmable semiconductor technology, including FPGA-based silicon products, silicon-enabling products, evaluation boards, development hardware, intellectual property licensing, services, and related sales. The company serves communications, computing, industrial, automotive, and consumer markets, with applications extending from edge systems to cloud-connected infrastructure.
LSCC news commonly covers quarterly operating results, business outlook, product demonstrations, and platform updates for edge AI, computer vision, sensor bridging and fusion, robotics, industrial HMI, security, and automotive and industrial applications. Company updates also include technology collaborations, investor conference participation, governance matters, material agreements, and capital-structure disclosures.
Lattice Semiconductor Corporation (NASDAQ: LSCC) reported a strong financial performance for Q4 2021 and the full year, with revenues increasing 32.3% year-over-year in Q4 and 26.3% for the full year. Gross margins expanded to 64.2% GAAP and 65.1% non-GAAP in Q4. Net income rose significantly, reaching $0.20 GAAP and $0.32 non-GAAP per diluted share. The company also announced the acquisition of Mirametrix, enhancing its AI capabilities. For Q1 2022, projected revenues are anticipated between $141 million and $151 million.
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Lattice Semiconductor (NASDAQ: LSCC) announces that Steve Douglass, Corporate VP of R&D, will deliver a keynote at the embedded world 2022 conference on June 22, focusing on embedded design adaptability and future-proofing technologies. The event, marking the 20th anniversary of embedded world, will be held in Nuremberg, Germany, and includes both in-person and virtual participation options for a global audience.
Lattice Semiconductor (NASDAQ: LSCC) will host a virtual seminar on February 22 at 7 a.m. PST and 5 p.m. PST, focusing on challenges and solutions in cybersecurity, specifically anti-fragile security and post-quantum cryptography using FPGAs. The seminar aims to address the increasing risks of system fragility and present strategies to enhance security in silicon systems. Interested participants can register for the Lattice Security Seminar.
Silicon Labs (NASDAQ: SLAB) announced robust fourth-quarter results, with revenue hitting $209 million, a 43% year-on-year increase. GAAP gross margin was recorded at 61.3%, while non-GAAP diluted earnings per share reached $0.77. The company is focusing on the Internet of Things (IoT), launching new wireless SoCs and software tools. A new share repurchase program was approved for up to $250 million. For Q1 2022, revenue is projected between $220 to $230 million, with a GAAP EPS forecast of $0.15 to $0.25, indicating continued growth in the IoT market.
Lattice Semiconductor (NASDAQ: LSCC) and CAES have teamed up to launch radiation-tolerant FPGAs, the Certus™-NX-RT and CertusPro™-NX-RT, aimed at enhancing satellite constellations. Built on the Lattice Nexus™ platform, these FPGAs are designed for size, weight, power, and cost constraints, consuming up to four times less power than similar devices. This collaboration addresses the increasing demand for reprogrammable devices in satellite technology, paving the way for more affordable and effective solutions in low-earth orbit satellites.
Lattice Semiconductor Corporation (NASDAQ: LSCC) announced a conference call for its fourth quarter and full year 2021 financial results on February 15, 2022, at 5 p.m. ET. CEO Jim Anderson and CFO Sherri Luther will provide insights on the company's performance and outlook. Investors can join the call via dial-in or live webcast on the company's investor relations website. Lattice Semiconductor, a leader in low power programmable solutions, serves various markets including communications, computing, industrial, automotive, and consumer.
Lattice Semiconductor Corporation (NASDAQ: LSCC) has announced that its low power CrossLink™-NX FPGAs and AI-optimized software solutions are integrated into Lenovo’s latest ThinkPad X1 portfolio. This collaboration aims to enhance user experiences through improved privacy, collaboration, and energy management without compromising performance. The cross-platform solution includes the award-winning Lattice sensAI™ solution stack, enabling advanced computer vision capabilities. This partnership marks a significant step in providing smarter, low-power AI technology in computing.
On January 3, 2022, Silicon Labs (NASDAQ: SLAB) announced the appointment of Sherri Luther to its board of directors. With over 30 years of experience, she currently serves as CFO for Lattice Semiconductor (NASDAQ: LSCC), where she led significant financial transformation. Luther's expertise in mergers, acquisitions, and financial strategy is expected to provide valuable insights to Silicon Labs as it focuses on the Internet of Things and growth opportunities. CEO Matt Johnson expressed enthusiasm for her leadership amidst a pivotal time for the company and industry.
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