Key Developments For Lattice Semiconductor Corporation
Lattice Semiconductor Corporation (LSCC.O) (Consolidated Issue listed on NASDAQ Global Market)
Lattice Semiconductor and Beyond Semiconductor to Collaborate in Processor Compiler Tools Development
Lattice Semiconductor announced it will collaborate with Beyond Semiconductor in the development of compiler tools for Lattice's soft processors. The collaboration will include updates and performance improvements for Lattice's embedded processor IP compilers and development tools.
Lattice Semiconductor And Affarii Announce Development Of 3G/4G-Based Remote Radio Head Solution
Lattice Semiconductor and Affarii Technologies Limited, a solutions provider for networking and telecommunications applications, today announced that they have developed a complete 3G/4G-based Remote Radio Head (RRH) solution for wireless infrastructure customers.
Lattice Semiconductor Issues Q4 2009 Outlook Above Analysts' Estimates
Lattice Semiconductor announced that for the fourth quarter of 2009, it expects revenue to increase 6% to 10% on a sequential basis, including the expected reduction in revenue of approximately $1 million from changing certain distributors from a sell-in to a sell-through business model. The Company expects to return to profitability. The Company reported revenue of $49 million in the third quarter of 2009. According to Reuters Estimates, analysts on an average are expecting the Company to report GAAP loss per share of $0.01 on revenue of $48 million for the fourth quarter of 2009.
Lattice Semiconductor Announces New MachXO Control Development Kit
Lattice Semiconductor announced the immediate availability of the new MachXO Control Development Kit as well as 12 new reference designs, ideal for prototyping system control functions such as temperature and current monitoring, power supply sequencing, fan control and fault logging, that are commonly found in telecom infrastructure, server, industrial and medical applications.
Lattice Semiconductor Raises Low End Of Prior Q3 2009 Revenue Guidance To A Range Above Analysts' Estimates
Lattice Semiconductor updated its third quarter 2009 guidance and now expects revenue to be approximately flat to up 3% sequentially. This upward revision compares to previous guidance that third quarter 2009 revenue would be minus 2% to plus 3% sequentially. Both original and revised revenue guidance includes the previously disclosed expected reduction in revenue of approximately $2.0 million due to transitioning certain distributors from the sell-in to the sell-through business model. The Company reported revenue of $46.9 million in the second quarter of 2009. According to Reuters Estimates, analysts on an average were expecting the Company to report revenue of $46.09 million for the third quarter of 2009.
