Lattice Semiconductor Updates 1Q13 Guidance
HILLSBORO, OR -- March 19, 2013 -- Lattice Semiconductor Corporation (NASDAQ: LSCC) today updated its guidance for the first quarter ending March 30, 2013 to reflect customer demand strength in the communications and consumer market segments.
- Revenue for the first quarter 2013 is now expected to increase approximately 6% to 8% on a sequential basis. This compares to prior guidance provided on January 24, 2013 that revenue was expected to decline approximately 2% to 4% on a sequential basis.
- Due to the higher expected revenue contribution from the communications and consumer market segments, gross margin percentage is now expected to be at the lower end of the Company's prior guidance of approximately 54% plus or minus 2%.
- Total operating expenses are expected to be approximately $35.5 million, including approximately $0.5 million in restructuring charges. This is unchanged from prior guidance.
No conference call will be held in conjunction with this guidance update. Additional information will be available when the Company reports its first quarter 2013 results.
About Lattice Semiconductor
Lattice is a service-driven developer of innovative low cost, low power programmable design solutions. For more information about how our FPGA, CPLD and programmable power management devices help our customers unlock their innovation, visit www.latticesemi.com.
Related Semiconductor IP
- CRYSTALS Dilithium core for accelerating NIST FIPS 204 Module Lattice Digital Signature algorithm
- Highly configurable HW Lattice PQC ultra acceleration in AXI4 & PCIe systems
- Single instance HW Lattice PQC ultra accelerator
- Lattice Mico8 Open, Free Soft Microcontroller
- LatticeMico32 Open, Free 32-Bit Soft Processor
Related News
- LogicVision Increases Q1 2008 Cash Balance Guidance to Be Between $8.0M and $9.0M
- Altera says orders 'deteriorated' in February, predicts 24% drop in Q1 sales
- Chartered Semi ups sales growth estimate to 40% from Q1
- Wafer prices fall 6% in Q1, FSA says
Latest News
- Bolt Graphics Completes Tape-Out of Test Chip for Its High-Performance Zeus GPU, A Major Milestone in Reducing Computing Costs By 17x
- NEO Semiconductor Demonstrates 3D X-DRAM Proof-of-Concept, Secures Strategic Investment to Advance AI Memory
- M31 Collaborates with TSMC to Achieve Tapeout of eUSB2V2 on N2P Process, Advancing Design IP Ecosystem
- Menta’s eFPGA Technology Adopted by AIST for Cryptography and Hardware Security Programs
- Silicon Creations Celebrates 20 Years of Global Growth and Leadership in 2nm IP Solutions