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Lattice Semiconductor Corp (LSCC.OQ)

LSCC.OQ on NASDAQ Stock Exchange Global Select Market

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18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Lattice Semiconductor Q2 non-GAAP earnings per share $0.00
Tuesday, 8 Aug 2017 04:00pm EDT 

Aug 8 (Reuters) - Lattice Semiconductor Corp :Lattice Semiconductor reports second quarter 2017 results.Q2 non-GAAP earnings per share $0.00.Q2 GAAP loss per share $0.11.Q2 revenue $94.1 million versus $99.2 million.Lattice Semiconductor - ‍as result of acquisition announcement with Canyon Bridge, company will not provide an outlook for its future financial results​.  Full Article

Lattice Semiconductor Corp and Invecas enters into an agreement
Friday, 28 Jul 2017 06:13am EDT 

July 28 (Reuters) - Lattice Semiconductor Corp :Lattice Semiconductor says on July 27, 2017, co and Invecas entered an agreement - SEC filing.Under agreement co will transfer its Hyderabad, India Unit & certain assets to Invecas for purchase price of $5 million, plus or minus cash.Co is also implementing a limited workforce reduction, which is expected to impact about 30 additional employees worldwide.Says is also implementing an initiative to reduce its infrastructure costs.Estimates it will incur aggregate one-time charges of about $8 million to $19 million over next 6 to 9 months from workforce reduction.Says company expects cash cost of restructuring charges will be approximately $2 million to $5 million.  Full Article

Lattice Semiconductor and Canyon Bridge entered into amendment to plan of merger dated Nov. 3, 2016
Monday, 12 Jun 2017 11:40am EDT 

June 12 (Reuters) - Lattice Semiconductor Corp :Lattice semiconductor-Co, Canyon Bridge Acquisition Co & Canyon Bridge Merger sub entered into amendment to agreement & plan of merger, dated Nov. 3, 2016.Lattice semiconductor -pursuant amendment parties agreed to withdraw and re-file their joint voluntary notice to committee on foreign investment in U.S..Lattice Semiconductor - co, canyon bridge​ to extend date after which merger agreement may be terminated if merger has not become effective to sept. 30, 2017.  Full Article

Lattice Semiconductor Q1 non-gaap earnings per share $0.06
Tuesday, 9 May 2017 04:00pm EDT 

May 9 (Reuters) - Lattice Semiconductor Corp ::Lattice semiconductor reports first quarter 2017 results.Q1 non-GAAP earnings per share $0.06.Q1 GAAP loss per share $0.06.Q1 revenue $104.6 million versus $96.5 million.Lattice Semiconductor Corp says as result of acquisition announcement with canyon bridge, co will not hold a quarterly conference call and webcast.  Full Article

Lattice Semiconductor, Canyon Bridge Fund jointly withdrawn, re-filed their joint voluntary notice to committee on foreign investment in US
Friday, 24 Mar 2017 04:22pm EDT 

Lattice Semiconductor Corp : Lattice Semiconductor - co, canyon bridge fund jointly withdrawn, re-filed their joint voluntary notice to the committee on foreign investment in us .Lattice Semiconductor Corp- lattice ,canyon bridge plan to continue to engage in further discussions with CFIUS during its review - sec filing.  Full Article

Lattice Semiconductor shareholders approve merger agreement
Tuesday, 28 Feb 2017 12:47pm EST 

Lattice Semiconductor Corp : Merger agreement between Lattice, Canyon Bridge Acquisition Company & Canyon Bridge Merger Sub approved by co's shareholders .77.83% of Lattice's outstanding shares were voted in favor of adoption of merger agreement.  Full Article

Lattice Semiconductor agreed to restructure its role as agent with members HDMI consortium
Thursday, 22 Sep 2016 04:46pm EDT 

Lattice Semiconductor Corp : As a result of this restructuring, no longer serve as agent for consortium . Will be entitled to a reduced share of adopter fees paid by parties adopting HDMI standard . Restructuring resulted in a non-cash impairment charge relating to intangible assets associated with future HDMI adopter fees . Non-Cash impairment charge will be recognized in the third fiscal quarter of 2016 . On Sept 19, agreed to restructure our role as agent with members of high-definition multimedia interface (HDMI) consortium . Says we currently estimate total non-cash impairment charge to be in range of $7.5 million to $8.5 million .Do not anticipate any future cash expenditures related to this impairment charge..  Full Article

Lattice Semiconductor Q2 non-gaap earnings per share $0.00
Tuesday, 9 Aug 2016 04:00pm EDT 

Lattice Semiconductor Corp : Lattice semiconductor reports second quarter 2016 results . Q2 gaap loss per share $0.12 . Sees q3 2016 revenue about $110 million to $116 million . Q2 non-gaap earnings per share $0.00 . Q2 revenue $99.2 million versus i/b/e/s view $100.1 million . Q2 earnings per share view $0.02 -- Thomson Reuters I/B/E/S . Q3 revenue view $124.4 million -- Thomson Reuters I/B/E/S .Gross margin percentage for q3 of 2016 is expected to be approximately 52% plus or minus 2% on both a gaap and non-gaap basis.  Full Article

Lattice Semiconductor reports Q1 GAAP loss per share $0.17
Monday, 9 May 2016 04:00pm EDT 

Lattice Semiconductor Corp : Gross margin percentage for Q2 of 2016 is expected to be approximately 57.0% plus or minus 2% on a non-GAAP basis . Total operating expenses, excluding some charges, expected to be about $47.5 million plus or minus 3% on non-GAAP basis for Q2 . Non-GAAP loss per share $0.01 . Q1 revenue $96.5 million versus I/B/E/S view $98 million . Q1 earnings per share view $-0.01 -- Thomson Reuters I/B/E/S . Q1 GAAP loss per share $0.17 .Sees Q2 2016 revenue about $97 million to $103 million.  Full Article

Lattice Semiconductor Corp to reduce 13 pct workforce
Wednesday, 14 Oct 2015 04:23pm EDT 

Lattice Semiconductor Corp:Says implemented a workforce reduction initiative as part of an overall plan to reduce costs.Says estimates it will incur aggregate one-time charges of approximately $5.5 million in the third quarter.Action will result in a 13 percent reduction to the company's overall workforce.  Full Article

RPT-TIMELINE-Canyon Bridge's bid for Lattice Semiconductor

June 15 China-backed Canyon Bridge Capital Partners LLC disclosed on Monday it had refiled its proposed $1.3 billion acquisition of Lattice Semiconductor Corp with the Committee on Foreign Investment in the United States (CFIUS) for the second time.