Register File with low power retention mode and 3 speed options
Lattice Semiconductor Updates Guidance for Third Quarter 2009
HILLSBORO, OR -- Sep 10, 2009 -- Lattice Semiconductor today announced updated guidance for the third quarter ending October 3, 2009.
- Third quarter revenue is now expected to be approximately flat to up 3% sequentially. This upward revision compares to previous guidance that third quarter 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.
- Gross margin percentage is expected to be approximately 52% to 54% of revenue, unchanged from prior guidance.
- Total operating expenses are now expected to be approximately $30.2 million, inclusive of $2.2 million of restructuring charges, compared to previous guidance of approximately $29.2 million, and $1.2 million, respectively. The expected $1.0 million increase in restructuring charges is related to an opportunity to consolidate additional office space in Silicon Valley.
No conference call will be held in conjunction with this guidance update. Additional information related to the third quarter will be available when the Company reports its third quarter 2009 results.
About Lattice Semiconductor
Lattice is the source for innovative FPGA, PLD, programmable Power Management and Clock Management solutions. For more information, visit www.latticesemi.com.
|
Related News
Breaking News
- Alphawave Semi Audited Results for the Year Ended 31 December 2024
- BrainChip Gives the Edge to Search and Rescue Operations
- Shifting Sands in Silicon by Global Supply Chains
- Analog Bits to Demonstrate IP Portfolio on TSMC 3nm and 2nm Processes at TSMC 2025 Technology Symposium
- Equal1 advances scalable quantum computing with CMOS-compatible silicon spin qubit technology
Most Popular
- Cadence to Acquire Arm Artisan Foundation IP Business
- Siemens to accelerate customer time to market with advanced silicon IP through new Alphawave Semi partnership
- Intel Announces Strategic Investment by Silver Lake in Altera
- Andes Technology Celebrates 20 Years with New Logo and Headquarters Expansion
- AMD Achieves First TSMC N2 Product Silicon Milestone
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |