Key Developments: Lattice Semiconductor Corp (LSCC.O)
5.12USD
20 May 2013
$0.09 (+1.79%)
$5.03
$5.03
$5.14
$4.99
776,929
1,214,724
$5.70
$3.16
Latest Key Developments (Source: Significant Developments)
Lattice Semiconductor Corp Issues Q2 2013 Revenue Guidance Above Analysts' Estimates
Lattice Semiconductor Corp announced that for the second quarter of 2013, it expects revenue to increase approximately 15% to 20% on a sequential basis. The Company reported revenues of $71.2 million in the first quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $71.5 million for the second quarter of 2013. Full Article
Lattice Semiconductor Corp Raises Q1 2013 Revenue Guidance
Lattice Semiconductor Corp updated first quarter of 2013 guidance and expects revenue 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. The Company reported revenue of $66 million in fourth quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $64 million for first quarter of 2013. Full Article
Lattice Semiconductor Corp And Intellectual Ventures Resolve Patent Dispute
Lattice Semiconductor Corp and Intellectual Ventures (IV) announced that Lattice will become a licensee to segments of IV's patent portfolio of nearly 40,000 IP assets. As a result of the licensing arrangement, IV and Lattice have reached a settlement agreement and resolved all pending patent infringement litigation. Lattice was one of four companies ultimately named as a defendant in IV's patent infringement action originally filed in December 2010 in the U.S. District Court for the District of Delaware. This suit involved manufacturers of field-programmable gate arrays, and due to the settlement agreement, IV will file a motion to dismiss all pending litigation against Lattice. Full Article
Lattice Semiconductor Corp Announces $20 Million Stock Repurchase Program
Lattice Semiconductor Corp announced that Board of Directors has approved a stock repurchase program pursuant to which up to $20 million of its outstanding common stock may be repurchased from time to time. The duration of the repurchase program is 12 months. Under the program, Lattice may purchase shares of its common stock through open market and privately negotiated transactions at prices deemed appropriate by management. The timing and amount of repurchase transactions under this program will depend on market conditions and corporate and regulatory considerations. The purchases will be funded from available working capital. As of February 25, 2013, Lattice had approximately 115,454,114 shares of common stock outstanding. Lattice Semiconductor concluded a prior twelve month repurchase program in February 2013, having repurchased and retired approximately 4.65 million total shares at a cost of approximately $20 million. Full Article
Lattice Semiconductor Corp Issues Q1 2013 Revenue Guidance Below Analysts' Estimates
Lattice Semiconductor Corp announced that for first quarter of 2013, it expects revenue to decline approximately 2% to 4% on a sequential basis. The Company reported revenue of $66 million in fourth quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $67 million for first quarter of 2013. Full Article
Lattice Semiconductor Corp Lowers Prior Q4 2012 Revenue Guidance
Lattice Semiconductor Corp announced that for the fourth quarter 2012, the Company is now expected revenue to decline approximately 6% to 8% on a sequential basis. This compares to prior guidance provided on October 18, 2012 that revenue was expected to be approximately plus or minus 2% on a sequential basis. The Company reported revenue of $70.89 million in third quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $70.92 million for the fourth quarter of 2012. Full Article
Lattice Semiconductor Corp Issues Q4 2012 Revenue Guidance Below Analysts' Estimates
Lattice Semiconductor Corp announced that for the fourth quarter of 2012, it expects revenue to be approximately flat plus or minus 2% on a sequential basis. The Company reported revenue of $70.89 million in third quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $73.16 million for third quarter of 2012. Full Article
Lattice Semiconductor Issues Q3 2012 Revenue Guidance In Line With Analysts' Estimates
Lattice Semiconductor announced that for the third quarter of 2012, it expects revenue to be approximately flat plus or minus 2% on a sequential basis. The Company reported revenues of $70.8 million in the second quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $73.16 million for third quarter of 2012. Full Article
Lattice Semiconductor Lowers Q2 2012 Revenue Guidance
Lattice Semiconductor updated guidance for the second quarter of 2012, as growth in strategic accounts is being offset by continued weakness in the worldwide distribution channel, especially Europe. Revenue for the second quarter 2012 is now expected to be approximately flat to down 3% on a sequential basis. This compares to prior guidance of approximately flat to up 4% on a sequential basis. The Company reported revenues of $69.7 million for the first quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $73.52 million for second quarter of 2012. Full Article
Lattice Semiconductor Issues Q2 2012 Revenue Guidance Below Analysts' Estimates
Lattice Semiconductor announced that for second quarter of 2012, it expects revenue to increase approximately flat to up 4% on a sequential basis. The Company reported revenues of $69.7 million for the first quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $77.15 million for second quarter of 2012. Full Article
BRIEF-Lattice shares down in extended trading
NEW YORK, April 18 - Lattice Semiconductor Corp : * Shares down 4.7 percent in extended trading
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