AI brief of an SEC Form 8-K · Lattice Semiconductor (LSCC)

Lattice Q1 2025 revenue $120.1 million, up 2.3% from Q4 but down 14.7% from a year ago

Mixed Impact 3 of 5 earnings Written later

Lattice Semiconductor reported first-quarter 2025 results for the period ended March 29, 2025, with revenue of $120.1 million, up 2.3% from the prior quarter but down 14.7% from a year earlier. GAAP net income was $5.0 million, or $0.04 per diluted share, down from $14.8 million a year earlier, and the company guided second-quarter 2025 revenue to between $118.5 million and $128.5 million. Revenue rose sequentially, but profit and year-over-year sales declined, so the results point in different directions for shareholders.

Key points

  • GAAP net income was $5.0 million, or $0.04 per diluted share, versus $14.8 million, or $0.11 per diluted share, in Q1 2024.
  • Non-GAAP net income per diluted share was $0.22, compared with $0.29 in Q1 2024 and $0.15 in Q4 2024.
  • Q2 2025 outlook: revenue of $118.5 million to $128.5 million and non-GAAP net income of $0.22 to $0.26 per share.
  • Free cash flow was $23.3 million, and the company repurchased $25.0 million of common stock in the quarter.

The filing

CompanyLattice Semiconductor (LSCC)
Form8-K, current report
Filed with the SECMay 5, 2025, 4:09 PM ET
Accession number0001437749-25-014533

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 05, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.