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Apr 03, 2021
Lattice Q1 2021 Earnings Report
Lattice Semiconductor reported a revenue increase of 19% year-over-year and a 52% expansion in non-GAAP net income year-over-year.
Key Takeaways
Lattice Semiconductor reported strong Q1 2021 results, with a 19% increase in revenue year-over-year and a 52% expansion in non-GAAP net income year-over-year. The company also saw record operating profit and gross margin expansion.
Revenue grew 19% year-over-year.
Non-GAAP net income expanded 52% year-over-year.
Nexus platform revenue increased sequentially.
Began production of second Nexus device, Certus-NX.
Forward Guidance
Revenue for the second quarter of 2021 is expected to be between $116 million and $124 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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