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Lattice Semiconductor Corp (LSCC.OQ)

LSCC.OQ on NASDAQ Stock Exchange Global Select Market

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14 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Lattice Semiconductor Announces CEO Succession Plan
Monday, 12 Mar 2018 04:30pm EDT 

March 12 (Reuters) - Lattice Semiconductor Corp ::LATTICE SEMICONDUCTOR ANNOUNCES CEO SUCCESSION PLAN.SAYS GLEN HAWK APPOINTED INTERIM CEO.SAYS CEO AND PRESIDENT DARIN G. BILLERBECK TO RETIRE.LATTICE SEMICONDUCTOR - BILLERBECK WILL REMAIN WITH COMPANY UNTIL MAY 31.  Full Article

Lattice Semiconductor Q4 Revenue $95.3 Mln Versus $118.1 Mln
Tuesday, 13 Feb 2018 04:00pm EST 

Feb 13 (Reuters) - Lattice Semiconductor Corp ::LATTICE SEMICONDUCTOR REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.01.Q4 GAAP LOSS PER SHARE $0.06.Q4 REVENUE $95.3 MILLION VERSUS $118.1 MILLION.SEES Q1 2018 REVENUE ABOUT $95 MILLION TO $100 MILLION.LATTICE SEMICONDUCTOR - GROSS MARGIN PERCENTAGE FOR Q1 OF 2018 IS EXPECTED TO BE APPROXIMATELY 56% PLUS OR MINUS 2% ON BOTH A GAAP AND NON-GAAP BASIS.Q4 EARNINGS PER SHARE VIEW $0.03, REVENUE VIEW $94.4 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Lion Point Capital LP Reports 6.2 Pct Stake In Lattice Semiconductor As Of Jan 26
Monday, 5 Feb 2018 05:34pm EST 

Feb 5 (Reuters) - Lattice Semiconductor Corp ::LION POINT CAPITAL, LP REPORTS 6.2 PERCENT STAKE IN LATTICE SEMICONDUCTOR CORP AS OF JAN 26 - SEC FILING.LION POINT CAPITAL LP PURCHASED LATTICE SEMICONDUCTOR CORP SHARES BASED ON BELIEF THAT SHARES, WHEN PURCHASED, WERE "UNDERVALUED".LION POINT CAPITAL-CONTINUE TO ENGAGE, IN CONSTRUCTIVE DISCUSSIONS WITH LATTICE SEMICONDUCTOR REGARDING CERTAIN MATTERS, INCLUDING COMPOSITION OF BOARD.  Full Article

Lattice Semiconductor Q3 loss per share $0.35
Tuesday, 7 Nov 2017 04:00pm EST 

Nov 7 (Reuters) - Lattice Semiconductor Corp :Lattice Semiconductor reports third quarter 2017 results.Q3 non-gaap earnings per share $0.04.Q3 gaap loss per share $0.35.Q3 revenue $92 million versus I/B/E/S view $92.1 million.Sees Q4 2017 revenue about $92 million to $97 million.Q3 earnings per share view $0.01 -- Thomson Reuters I/B/E/S.Q4 revenue view $94.4 million -- Thomson Reuters I/B/E/S.  Full Article

Lattice semiconductor says ‍Q3 revenue is expected to be nearly $91 mln to $93 mln
Thursday, 12 Oct 2017 05:30am EDT 

Oct 12 (Reuters) - Lattice Semiconductor Corp :Lattice Semiconductor Corp - ‍Revenue is expected to be approximately $91 million to $93 million for Q3 2017​.Lattice Semiconductor Corp - ‍Revenue is expected to be approximately $383 million to $388 million for full year 2017​.Lattice Semiconductor Corp says ‍for full year 2018 company is targeting double-digit annual revenue growth​.Lattice Semiconductor Corp - ‍Expects GAAP results for Q3 2017 will reflect restructuring charges of approximately $3.5 million to $4.0 million​.Lattice Semiconductor Corp - ‍Also expects GAAP results for Q3 2017 will reflect a non-cash impairment charge of approximately $36 million​.Lattice Semiconductor Corp - Non-cash impairment charge related to company's strategic decision to cease future investment in wired ASSP development​.Lattice Semiconductor Corp sees ‍FY EBITDA of approximately $110 million to $120 million, sees FY free cash flow of approximately $80 million to $100 million​.Q3 revenue view $93.8 million -- Thomson Reuters I/B/E/S.FY2017 revenue view $391.5 million -- Thomson Reuters I/B/E/S.  Full Article

Lattice Semiconductor and Canyon Bridge Capital to terminate merger agreement following decision from President Trump
Wednesday, 13 Sep 2017 09:05pm EDT 

Sept 13 (Reuters) - Lattice Semiconductor Corp :Lattice Semiconductor and Canyon Bridge Capital Partners, Llc announce termination of merger agreement following decision from President Trump.Termination of acquisition by Canyon Bridge Capital Partners of co following order from President of United States.  Full Article

Trump blocks China-backed bid for Lattice Semiconductor - Bloomberg
Wednesday, 13 Sep 2017 04:15pm EDT 

Sept 13 (Reuters) - :U.S. President Donald Trump blocks China-backed Bid For Chipmaker Lattice Semiconductor Corp over security risk - Bloomberg.  Full Article

Lattice Semiconductor, Canyon Bridge plan talks with CFIUS and U.S. President on proposed merger
Friday, 1 Sep 2017 08:19am EDT 

Sept 1 (Reuters) - Lattice Semiconductor Corp :CFIUS indicated it will recommend U.S. President suspend/prohibit proposed merger between co, unit of Canyon Bridge Fund I, Lp‍​.Remains of view proposed transaction "does not raise any national security concerns" that cannot be addressed by mitigation measures proposed by co and Canyon Bridge.Co and Canyon Bridge plan further discussions with CFIUS and the President to explore measures to resolve any outstanding national security concerns.Hopeful that given benefits of deal, mitigation measures proposed, if matter is referred to President, he will allow merger to be consummated.Says there can be no assurances that CFIUS or the President will entertain further dialogue with the parties - SEC filing.  Full Article

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

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Exclusive: Sequoia China to raise $6 billion in new fund with state-owned partner - sources

HONG KONG Sequoia Capital China is teaming up with a state-owned venture capital (VC) fund and e-commerce powerhouse JD.com to raise up to 40 billion yuan ($5.81 billion) for a new investment firm to focus on late-stage tech investments, sources said.