| --- | --- | --- | --- | --- | --- | --- | |----------------------|-------|-------|-----------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | The Low Power Programmable Leader | | | | | | | | | | | | | | | | | | | | | | | | Fourth Quarter, 2020 | | | | | NASDAQ: LSCC - 1 | | | | | | | Safe Harbor This presentation contains forward-looking statements that ...

NEWS RELEASE CONTACTS MEDIA: INVESTORS: Bob Nelson Rick Muscha Lattice Semiconductor Corporation Lattice Semiconductor Corporation 408-826-6339 408-826-6000 Bob.Nelson@latticesemi.com Rick.Muscha@latticesemi.com LATTICE SEMICONDUCTOR REPORTS THIRD QUARTER 2020 RESULTS • Operating Profit Increases to 12.4% / 26.5% for Q3 2020 on a GAAP / Non-GAAP Basis, Compared to 12.4% / 24.9%, respectively, for Q2 2020 • Gross Margin Expands to 60.5% / 61.5% for Q3 2020 on a GAAP / Non-GAAP Basis, from 60.2% / 61.3%, resp ...

Lattice Semiconductor Corporation (NASDAQ:LSCC) Q3 2020 Earnings Conference Call October 27, 2020 5:00 PM ET Company Participants Rick Muscha - Director, IR Jim Anderson - President and CEO Sherri Luther - CFO Conference Call Participants Matt Ramsay - Cowen Charlie Anderson - Colliers Securities Tristan Gerra - Baird Mark Lipacis - Jefferies Christopher Rolland - Susquehanna Alessandra Vecchi - William Blair Hans Mosesmann - Rosenblatt Securities Operator Ladies and gentlemen, thank you for standing by, an ...

Financial Data and Key Metrics Changes - Q2 2020 revenue was $100.6 million, up 3.4% sequentially from Q1 and down approximately 2% year-over-year [20] - Non-GAAP gross margin increased by 150 basis points sequentially to 61.3% and by 230 basis points year-over-year [21] - Non-GAAP net income increased by 17% sequentially [9] - GAAP earnings per share was $0.08 compared to $0.06 in Q1 2020 and $0.06 in Q2 2019 [23] - Non-GAAP earnings per share was $0.17 compared to $0.15 in Q1 and $0.16 in Q2 2019 [23] Business Line Data and Key Metrics Changes - Communications and computing segment revenue increased by 19% sequentially and 15% year-over-year [10] - Industrial and automotive market revenue decreased by 6% sequentially but was slightly up year-over-year [12] - Consumer market revenue declined by 17% sequentially and 43% year-over-year [13] Market Data and Key Metrics Changes - In the communications market, 5G revenue increased both sequentially and year-over-year, with expectations for continued long-term growth [11] - Server revenue benefited from increased attach rates and higher average selling prices (ASPs) due to heightened demand from data center customers [11] Company Strategy and Development Direction - The company is focused on executing its product roadmap and maintaining momentum with its customer base [7] - Continued investment in R&D is prioritized to support product development and long-term growth [22] - The company aims to keep operating expenses around 35% of revenue, with R&D targeted at 20% and SG&A at 15% [30] Management's Comments on Operating Environment and Future Outlook - Management remains cautious about the near-term impact of COVID-19 but is optimistic about long-term growth and profitability [26] - The company expects revenue for Q3 2020 to be between $96 million and $106 million, with a gross margin expectation of 60.5% [25] Other Important Information - The company made $21.9 million in debt repayment in Q2, reducing its leverage ratio to approximately 1.5 [24] - The company launched the Certus-NX General Purpose FPGA on time and is on track for a third product launch in the second half of 2020 [9][15] Q&A Session Summary Question: Impact of Huawei pull-ins on second half outlook - Management indicated it is difficult to gauge the impact of Huawei pull-ins but noted that guidance for Q3 incorporates current demand data, including Huawei [33] Question: Inventory management and strategy - Management confirmed that inventory levels are within normal ranges and that they strategically built inventory for high-demand products in anticipation of potential demand snapback [39][40] Question: DSO increase and leverage ratio comfort level - The increase in DSO was attributed to shipment timing and mix changes, with expectations for improvement in Q3 [44] - Management stated that leverage ratio considerations for M&A activity are deal-specific [46] Question: Strength in communications and computing segments - Management highlighted growth in servers, client computing, and 5G infrastructure as key contributors to the strong performance in Q2 [51][53] Question: Long-term growth drivers - Management identified communications and computing, and industrial and automotive as key long-term growth drivers, with expectations for continued growth in these segments [84]

Lattice Semiconductor Corporation (NASDAQ:LSCC) Q1 2020 Earnings Conference Call April 28, 2020 5:00 PM ET | --- | |------------------------------------------------------| | | | Company Participants | | Rick Muscha - IR | | Jim Anderson - President and CEO Sherri Luther - CFO | | Conference Call Participants | | Matt Ramsay - Cowen | | Tristan Gerra - Baird | | Charlie Anderson - Dougherty & Company | | Christopher Rolland - Susquehanna | | Alessandra Vecchi - William Blair | | Richard Shannon - Craig-Hallu ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 28, 2019 ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM __________ TO __________ Commission file number: 000-18032 LATTICE SEMICONDUCTOR CORPORATION (Exact name of registrant as specified in its charter) ...

| --- | --- | --- | --- | --- | --- | --- | |----------------------|-------|-------|-----------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | The Low Power Programmable Leader | | | | | | | | | | | | | | | | | | | | | | | | First Quarter, 2020 | | | | | NASDAQ: LSCC - 1 | | | | | | | Safe Harbor This presentation contains forward-looking statements that i ...

Lattice Semiconductor Corporation (NASDAQ:LSCC) Q4 2019 Earnings Conference Call February 11, 2020 5:00 PM ET Company Participants Rick Muscha – Investor Relations Jim Anderson – President and Chief Executive Officer Sherri Luther – Chief Financial Officer Conference Call Participants Charlie Anderson – Dougherty & Company Mark Lipacis – Jefferies Tristan Gerra – Baird Alessandra Vecchi – William Blair Josh Buchalter – Cowen Christopher Rolland – Susquehanna Richard Shannon – Craig-Hallum Hans Mosesmann – R ...

Lattice Semiconductor Corporation (NASDAQ:LSCC) Q3 2019 Earnings Conference Call October 29, 2019 5:00 PM ET Company Participants Rick Muscha - Senior Director of IR Jim Anderson - President & CEO Sherri Luther - CFO Conference Call Participants Tristan Gerra - Baird Matt Ramsay - Cowen Christopher Rolland - Susquehanna Richard Shannon - Craig Hallum Charlie Anderson - Dougherty David Duley - Steelhead Securities Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in ...

Lattice Semiconductor Corporation (NASDAQ:LSCC) Q2 2019 Earnings Conference Call July 30, 2019 5:00 PM ET Company Participants David Pasquale - Global IR Partners Jim Anderson - President and CEO Sherri Luther - CFO Conference Call Participants Matt Ramsay - Cowen Tristan Gerra - Baird Charlie Anderson - Dougherty & Company Christopher Rolland - FIG Richard Shannon - Craig-Hallum Kevin Garrigan - Rosenblatt Securities David Duley - Steelhead Securities Operator Good afternoon. My name is Aticia and IÂ'll be ...