LATTICE SEMICONDUCTOR Reports 17.8% Increase in Second Quarter Revenue of USD 190.1 Million

☀️Earnings Overview

LATTICE SEMICONDUCTOR ($NASDAQ:LSCC) saw its total revenue for the second quarter of fiscal year 2023 (ending June 30, 2023) increase by 17.8%, to USD 190.1 million, compared to the same quarter the previous year. Net income for the quarter was up 13.7%, to USD 50.6 million.

Analysis

GoodWhale offers a financial analysis of LATTICE SEMICONDUCTOR. After carefully examining the company’s financials, GoodWhale has found that LATTICE SEMICONDUCTOR is a medium risk investment in terms of financial and business aspects. GoodWhale has detected two risk warnings in the income sheet and balance sheet. We invite you to register with us to take a closer look at these warnings. Our analysis provides investors with valuable information to help them make informed decisions about their investments. GoodWhale offers a comprehensive financial analysis of LATTICE SEMICONDUCTOR that takes into account a variety of factors. The Risk Rating is based on profitability, liquidity, and solvency ratios. We also consider the company’s historical performance, current performance, and future prospects. The analysis provides an overall assessment of the company’s financial situation and a recommendation about whether it is a good investment. In addition to the Risk Rating, GoodWhale has detected two risk warnings in the income sheet and balance sheet. These warnings could indicate potential problems with the company’s finances that could affect the investor’s decision. We invite you to register with us to take a closer look at these warnings. With our comprehensive analysis, investors can make informed decisions about their investments and better manage their risk. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Lattice Semiconductor. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Lattice Semiconductor. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Lattice Semiconductor. More…

Key Ratios Snapshot

Some of the financial key ratios for Lattice Semiconductor are shown below. More…

Peers

The company operates in two segments, Programmable Logic and Other. The Programmable Logic segment offers programmable logic devices (PLDs), including field programmable gate arrays (FPGAs), complex programmable logic devices (CPLDs), Programmable Mixed Signal Products (PMSPs), and other PLDs.

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Summary

LATTICE SEMICONDUCTOR has reported strong financial results for the second quarter of its fiscal year 2023, with total revenue of USD 190.1 million, a 17.8% YoY increase, and a net income of USD 50.6 million, a 13.7% YoY gain. This is a positive sign for potential investors, indicating that the company is growing at a healthy rate and is managing its business efficiently. Additionally, the company’s cash position has improved from the prior year, indicating that the management has successfully managed its resources. As such, LATTICE SEMICONDUCTOR looks to be a sound investment opportunity for those looking for reliable returns.