Lattice Semiconductor Corporation (NASDAQ:LSCC), the low power programmable leader, announced financial results today for the fiscal third quarter ended September 28, 2024. Revenue for the third quarter of 2024 was $127.1 million, with GAAP gross margin of 69.0% and GAAP net income of $0.05 per diluted share. On a non-GAAP basis, gross margin was 69.0% with net income per diluted share of $0.24. Third quarter of 2024 results include a one-time GAAP-only charge of $6.5 million related to actions the Company took to drive a comprehensive reduction in spending during the quarter to better align its resources to support the current business level and drive more efficiency across the business.

Lattice Semiconductor Corporation (NASDAQ:LSCC), the low power programmable leader, today announced that it will hold its third quarter 2024 conference call on Monday, Nov. 4, 2024. Ford Tamer, Chief Executive Officer, and Tonya Stevens, Interim Chief Financial Officer, will discuss Lattice Semiconductor's financial results and business outlook. The dial-in number for the live audio call beginning on Monday, Nov. 4, 2024, at 5 p.m. Eastern Time is 1-877-407-3982 or 1-201-493-6780 with conference identification number 13749552. A live webcast of the conference call will also be available on the investor relations section of www.latticesemi.com. About Lattice Semiconductor Lattice Semicond

Lattice Semiconductor Corporation (NASDAQ:LSCC), the low power programmable leader, announced financial results today for the fiscal second quarter ended June 29, 2024. Revenue for the second quarter of 2024 was $124.1 million, with GAAP gross margin of 68.3% and GAAP net income of $0.16 per diluted share. On a non-GAAP basis, gross margin was 69.0% with net income per diluted share of $0.23. Esam Elashmawi, Interim Chief Executive Officer & Chief Strategy and Marketing Officer, said, "Second quarter 2024 results reflect the impact of cyclic industry headwinds. While the industry continues to go through a period of inventory normalization, we are starting to see signs of improvement. We

Lattice Semiconductor Corporation (NASDAQ:LSCC), the low power programmable leader, today announced that it will hold its second quarter 2024 conference call on Monday, July 29, 2024. Esam Elashmawi, Interim Chief Executive Officer & Chief Strategy and Marketing Officer, and Sherri Luther, Chief Financial Officer, will discuss Lattice Semiconductor's financial results and business outlook. The dial-in number for the live audio call beginning on Monday, July 29, 2024, at 5 p.m. Eastern Time is 1-877-407-3982 or 1-201-493-6780 with conference identification number 13747663. A live webcast of the conference call will also be available on the investor relations section of www.latticesemi.com.

Lattice Semiconductor Corporation (NASDAQ:LSCC), the low power programmable leader, announced financial results today for the fiscal first quarter ended March 30, 2024. Revenue for the first quarter of 2024 was $140.8 million, with GAAP gross margin of 68.3% and GAAP net income of $0.11 per diluted share. On a non-GAAP basis, gross margin was 69% with net income per diluted share of $0.29. Jim Anderson, president and CEO, said, "First quarter 2024 results came in as expected and reflect the near-term impact of cyclic industry headwinds. Despite near-term headwinds, the Company is well-positioned for the long-term as we execute on the largest product portfolio expansion in our history."

Lattice Semiconductor Corporation (NASDAQ:LSCC), the low power programmable leader, today announced that it will hold its first quarter 2024 conference call on Monday, Apr. 29, 2024. Jim Anderson, President and Chief Executive Officer, and Sherri Luther, Chief Financial Officer, will discuss Lattice Semiconductor's financial results and business outlook. The dial-in number for the live audio call beginning on Monday, Apr. 29, 2024, at 5 p.m. Eastern Time is 1-877-407-3982 or 1-201-493-6780 with conference identification number 13745683. A live webcast of the conference call will also be available on the investor relations section of www.latticesemi.com. About Lattice Semiconductor Lat

- Record Full Year 2023 Revenue of $737 Million, up 12% Year Over Year Lattice Semiconductor Corporation (NASDAQ:LSCC), the low power programmable leader, announced financial results today for the fiscal fourth quarter and full year ended December 30, 2023. Revenue for the fourth quarter of 2023 was $170.6 million, with GAAP gross margin of 69.7% and GAAP net income of $0.71 per diluted share, including a GAAP-only income tax benefit of $0.41 per diluted share associated with a valuation release. On a non-GAAP basis, gross margin was 70.4% with net income per diluted share of $0.45. Revenue for the full year 2023 was $737.2 million, with GAAP gross margin of 69.8% and GAAP net income

Lattice Semiconductor Corporation (NASDAQ:LSCC), the low power programmable leader, today announced that it will hold its fourth quarter and full year 2023 conference call on Monday, Feb. 12, 2024. Jim Anderson, President and Chief Executive Officer, and Sherri Luther, Chief Financial Officer, will discuss Lattice Semiconductor's financial results and business outlook. The dial-in number for the live audio call beginning on Monday, Feb. 12, 2024, at 5 p.m. Eastern Time is 1-877-407-3982 or 1-201-493-6780 with conference identification number 13743739. A live webcast of the conference call will also be available on the investor relations section of www.latticesemi.com. About Lattice Semi

Quarterly revenue growth of 11% compared to Q3 2022 and 1% compared to Q2 2023 Gross Margin expands to 70.0% / 70.6% for Q3 2023 on a GAAP / Non-GAAP basis, compared to 68.8% / 69.5%, respectively, for Q3 2022 Net Income improves to $0.38 / $0.53 per diluted share for Q3 2023 on a GAAP / Non-GAAP basis, compared to $0.33 / $0.48, respectively, for Q3 2022 * GAAP represents U.S. Generally Accepted Accounting Principles. Non-GAAP represents GAAP excluding the impact of certain activities which the Company's management excludes in analyzing the Company's operating results and in understanding trends in the Company's earnings. Additional information relating to these measures is inclu

Lattice Semiconductor (NASDAQ:LSCC), the low power programmable leader, today announced it has received 2023 Top Workplaces Culture Excellence Awards. Based on direct employee survey feedback, Lattice was recognized for Employee Appreciation, Employee Wellbeing, and Professional Development. "The Lattice team is incredibly talented, collaborative, and passionate about innovation," said Jim Anderson, President and Chief Executive Officer at Lattice. "We've worked hard to create a culture at Lattice that enables every employee to grow and learn, while delivering great solutions for our customers. Congratulations to the entire Lattice team." "Earning a Top Workplaces award is a badge of ho

SUNNYVALE, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- 23andMe Holding Co. (NASDAQ:ME) (the "Company" or "23andMe"), a leading human genetics and preventive health company, today announced the appointments of Andre Fernandez, Jim Frankola, and Mark Jensen, three accomplished and experienced executives, as independent members of the Company's Board of Directors (the "Board"), effective on October 28, 2024. Each of Mr. Fernandez, Mr. Frankola, and Mr. Jensen have been appointed to serve as members of the Board's Audit Committee and Compensation Committee, with Mr. Fernandez serving as the Chair of the Audit Committee and Mr. Jensen serving as the Chair of the Compensation Committee. In additio

Following a comprehensive search by the Company's Board of Directors, Lattice Semiconductor Corporation (NASDAQ:LSCC) today announced the appointment of Dr. Ford Tamer as Chief Executive Officer and to the Company's Board of Directors, effective immediately. "On behalf of the entire Board, I am pleased to welcome Ford to Lattice. Ford is a dynamic and transformative CEO with a proven track record of building and growing successful companies," said Jeff Richardson, Chair of Lattice's Board. "I am confident that the combination of Ford's expertise and our talented team strongly positions Lattice to continue delivering outstanding results and industry leading products." Tamer replaces Esam E

President and Chief Executive Officer Jim Anderson Steps Down to Pursue a New Opportunity Lattice Semiconductor Corporation (NASDAQ:LSCC), the low power programmable leader, today announced the appointment of Esam Elashmawi, Chief Marketing and Strategy Officer, as Interim Chief Executive Officer effective immediately. Mr. Elashmawi's appointment follows the decision by Jim Anderson to step down as President, Chief Executive Officer, and Board member to pursue an opportunity with another company. The Board has commenced a search process to identify a permanent CEO and will consider internal and external candidates as part of its search. Mr. Elashmawi joined Lattice in 2018 and brings

Lattice Semiconductor (NASDAQ:LSCC), the low power programmable leader, today announced the appointment of Que Thanh Dallara and John Forsyth to the Company's Board of Directors effective November 14, 2023. Mr. Forsyth will also serve as a member of the Nominating and Governance Committee and Ms. Dallara will serve as a member of the Compensation Committee. Ms. Dallara brings to the Company over 20 years of general management and enterprise transformation experience in multiple industries globally. Mr. Forsyth brings extensive management experience and knowledge of the semiconductor industry. Mr. Forsyth is currently the Chief Executive Officer, President, and a member of the board of dir

Lattice Semiconductor Corporation (NASDAQ:LSCC), the low power programmable leader, today announced the appointment of Pravin Desale as Senior Vice President, Research & Development (R&D), effective immediately. Steve Douglass, who served in this role since 2018, is transitioning into a new role as Chief Technology Officer, responsible for the long-term Lattice technology strategy. "We are happy to welcome Pravin to the Lattice leadership team as we continue executing our strategic plan. His extensive technical experience will help further strengthen our efforts to deliver breakthrough innovation to our customers," said Jim Anderson, President and Chief Executive Officer, Lattice Semicond

Lattice Semiconductor (NASDAQ:LSCC), the low power programmable leader, today announced the appointment of Elizabeth Schwarting to the Company's Board of Directors and Nominating and Governance Committee effective March 14, 2023. Ms. Schwarting brings to the Company extensive management experience and knowledge of the automotive industry and governance experience from her service on another public company board. Ms. Schwarting is currently the Principal Member of DBS Ventures, LLC. where she serves as a subject matter expert for various audiences in the areas of automotive technology (with a special emphasis on ADAS/Automated Driving), regulatory trends, and business development. Prior to

Lattice Semiconductor (NASDAQ:LSCC), the low power programmable leader, today announced the appointment of Douglas Bettinger to the Company's Board of Directors and Audit Committee effective December 2, 2022. Mr. Bettinger brings more than 30 years of financial and operational experience in the semiconductor industry. Mr. Bettinger currently serves as Executive Vice President, Chief Financial Officer and Chief Accounting Officer at Lam Research ("Lam"), a manufacturer and provider of wafer fabrication equipment and services to the semiconductor industry. In this role, he oversees Lam's finance, tax, treasury, investor relations, and information technology organizations. Prior to joining L

Lattice Semiconductor (NASDAQ:LSCC), the low power programmable leader, today announced the appointment of Raejeanne Skillern to the Company's Board of Directors and Compensation Committee. Ms. Skillern brings 28 years of experience in the enterprise and cloud computing market to the position, with an established track record of leading and growing high-profile businesses. Ms. Skillern currently serves as President, Communications, Enterprise and Cloud (CEC) at Flex, a leading technology innovation, supply chain, and manufacturing solutions company. In this role, she oversees the delivery of Flex's design and manufacturing solutions, integration services, and global deployment models for l

Exabeam, the leader in Next-gen SIEM and XDR, today announced the appointment of Mark Jensen to the Exabeam Board of Directors and Chair of the Audit Committee. Jensen is a veteran of Deloitte & Touche LLP, where he served as U.S. Managing Partner-Audit and Enterprise Risk Services, Technology Industry and U.S. Managing Partner-Venture Capital Services Group. Overall, he brings more than 40 years of public accounting experience to the Exabeam board. Jensen has extensive expertise in accounting, auditing, and financial advisory services for cybersecurity and technology companies. He is also a member of the Board of Directors and Audit Committee Chair of Lattice Semiconductor Corporation (NA

AUSTIN, Texas, Jan. 3, 2022 /PRNewswire/ -- Silicon Labs (NASDAQ:SLAB), a leader in secure, intelligent wireless technology today announced the appointment of Sherri Luther to the company's board of directors. She brings more than 30 years of experience guiding global technology companies as they scale and accelerate growth to her Silicon Labs board position. Ms. Luther currently serves as the Chief Financial Officer for Lattice Semiconductor (NASDAQ:LSCC), a global leader in low power FPGAs, and was recently named 'CFO of the Year' by the Portland Business Journal. She has d

Lattice Semiconductor (NASDAQ:LSCC), the low power programmable leader, today announced its next generation small FPGA platform Lattice Nexus™ 2 has been named a 2025 BIG Innovation Award winner for its leading power and performance efficiency, advanced connectivity, and security features. "Lattice is committed to delivering robust and versatile FPGA solutions that empower our customers to achieve their design goals and accelerate time to market," said Esam Elashmawi, Chief Strategy and Marketing Officer, Lattice Semiconductor. "We're honored to receive this recognition for the Lattice Nexus 2 platform, highlighting our continued dedication to delivering technologies that excel in low pow

‒ Introduces Lattice Nexus 2 next-gen small FPGA platform, extends mid-range portfolio with Lattice Avant 30 and Avant 50 devices, and enhances capabilities of application-specific solution stacks and design software tools ‒ Today, at Lattice Developers Conference 2024, Lattice Semiconductor (NASDAQ:LSCC) expanded its edge to cloud FPGA innovation leadership with the launch of exciting new hardware and software solutions. The new Lattice Nexus™ 2 next-gen small FPGA platform and the first device family based on the platform, Lattice Certus™-N2 general purpose FPGAs, offer advanced connectivity, optimized power and performance, and class-leading security. Lattice also announced new mid-ran

Lattice Semiconductor Corporation (NASDAQ:LSCC), the low power programmable leader, today announced that its Board of Directors authorized the Company to repurchase up to an additional $100 million of its outstanding common stock through the end of December 2025. The Company has repurchased approximately 6 million shares since the fourth quarter of 2020 thereby reducing dilution by 4.3%. Tonya Stevens, Interim Chief Financial Officer, said, "Our 2025 share repurchase program reflects our confidence in Lattice's financial performance and continued strong cash flow. We remain committed to returning capital to shareholders while continuing to invest in the strategic initiatives that drive fu

‒ Named Most Respected Public Semiconductor Company Achieving $500 Million to $1 Billion in Annual Sales ‒ Lattice Semiconductor (NASDAQ:LSCC), the low power programmable leader, today announced that it was selected as ‘Most Respected Public Semiconductor Company' at the 2024 Global Semiconductor Alliance (GSA) Awards. The GSA awards recognize companies that have demonstrated excellence through their vision, innovation, execution, and future opportunity, as determined by votes from GSA members. "On behalf of the entire team at Lattice, I am honored to accept this prestigious award from the GSA. I am incredibly proud to lead such a talented and dedicated group of individuals who continuo

Lattice Semiconductor Corporation (NASDAQ:LSCC), the low power programmable leader, announced financial results today for the fiscal third quarter ended September 28, 2024. Revenue for the third quarter of 2024 was $127.1 million, with GAAP gross margin of 69.0% and GAAP net income of $0.05 per diluted share. On a non-GAAP basis, gross margin was 69.0% with net income per diluted share of $0.24. Third quarter of 2024 results include a one-time GAAP-only charge of $6.5 million related to actions the Company took to drive a comprehensive reduction in spending during the quarter to better align its resources to support the current business level and drive more efficiency across the business.

SUNNYVALE, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- 23andMe Holding Co. (NASDAQ:ME) (the "Company" or "23andMe"), a leading human genetics and preventive health company, today announced the appointments of Andre Fernandez, Jim Frankola, and Mark Jensen, three accomplished and experienced executives, as independent members of the Company's Board of Directors (the "Board"), effective on October 28, 2024. Each of Mr. Fernandez, Mr. Frankola, and Mr. Jensen have been appointed to serve as members of the Board's Audit Committee and Compensation Committee, with Mr. Fernandez serving as the Chair of the Audit Committee and Mr. Jensen serving as the Chair of the Compensation Committee. In additio

Lattice Semiconductor (NASDAQ:LSCC), the low power programmable leader, today announced the full agenda and speaker lineup for the Lattice Developers Conference from December 10-11, 2024. The hybrid event will feature insightful guest keynote appearances from Dell, Microsoft, SICK, and Teledyne FLIR, dynamic breakout sessions with Lattice and other industry experts, and a robust showcase of FPGA-based technology demonstrations. Together, ecosystem partners and industry leaders will explore the cutting-edge techniques and benefits of low power FPGA solutions for edge AI, security, and advanced connectivity applications, and more. 25+ Keynotes & breakout sessions from Lattice and other indu

Lattice Semiconductor Corporation (NASDAQ:LSCC), the low power programmable leader, today announced that it will hold its third quarter 2024 conference call on Monday, Nov. 4, 2024. Ford Tamer, Chief Executive Officer, and Tonya Stevens, Interim Chief Financial Officer, will discuss Lattice Semiconductor's financial results and business outlook. The dial-in number for the live audio call beginning on Monday, Nov. 4, 2024, at 5 p.m. Eastern Time is 1-877-407-3982 or 1-201-493-6780 with conference identification number 13749552. A live webcast of the conference call will also be available on the investor relations section of www.latticesemi.com. About Lattice Semiconductor Lattice Semicond

Lattice Semiconductor (NASDAQ:LSCC), the low power programmable leader, today announced the resignation of its Chief Financial Officer (CFO), Sherri Luther, effective immediately, to pursue a new opportunity. Lattice Corporate Vice President, Corporate Controller Tonya Stevens was appointed interim CFO, to facilitate a seamless transition while the Board conducts a search to identify a new CFO. Stevens has more than 30 years of corporate finance experience, including over 5 years at Lattice. While at Lattice, she has led key strategic transformations that helped the company optimize its operations and strengthen its financial foundation. Prior to Lattice, Stevens held finance leadership ro

Lattice Semiconductor (NASDAQ:LSCC), the low power programmable leader, today announced that the Lattice Sentry™ solution stack was named a 2024 CyberSecurity Breakthrough Award winner in the "Endpoint Security Solution of the Year" category by the Tech Breakthrough organization. Lattice Sentry offers a comprehensive approach to system security, empowering developers to proactively address evolving cyberthreats with real-time protection and recovery capabilities. "Cybersecurity preparedness and cyber resiliency implementation are vital for any infrastructure. Our innovative FPGA-based firmware security solution simplifies and accelerates the process for developers, ensuring enhanced protec