NASDAQ Framework: Lattice Semiconductor Corporation
Semiconductor company specializing in low-power FPGAs 1.
1: Lattice Semiconductor Corporation is an American semiconductor company specializing in the design and manufacturing of low power field-programmable gate arrays (FPGAs).[2] Headquartered in the Silicon Forest area of Hillsboro, Oregon,[3] the company also has operations in San Jose, Calif.,[4] Shanghai,[5] Manila,[6] Penang,[4] and Singapore.[7] Lattice Semiconductor has more than 1000 employees and an annual revenue of more than $660 million as of 2022.[8] The company was founded in 1983 and went public in 1989. It is traded on the Nasdaq stock exchange under the symbol LSCC. View Source
Lattice Semiconductor Corporation, headquartered in Hillsboro, Oregon, is a leading developer and manufacturer of low-power field-programmable gate arrays (FPGAs). Founded in 1983 and publicly traded on the Nasdaq under the symbol LSCC, the company serves a global market with operations in key locations such as San Jose, Shanghai, Manila, Penang, and Singapore 2. Lattice Semiconductor's product portfolio includes four FPGA families—Lattice Certus, ECP, Mach, iCE, and CrossLink—along with video connectivity application-specific standard products 3. The company primarily caters to original equipment manufacturers in the communications, computing, consumer, industrial, and automotive markets 4. Despite recent cyclical pressures and revenue declines, Lattice remains poised for growth, driven by new product launches and strategic market positioning 56.
2: Lattice Semiconductor Corporation is an American semiconductor company specializing in the design and manufacturing of low power field-programmable gate arrays (FPGAs).[2] Headquartered in the Silicon Forest area of Hillsboro, Oregon,[3] the company also has operations in San Jose, Calif.,[4] Shanghai,[5] Manila,[6] Penang,[4] and Singapore.[7] Lattice Semiconductor has more than 1000 employees and an annual revenue of more than $660 million as of 2022.[8] The company was founded in 1983 and went public in 1989. It is traded on the Nasdaq stock exchange under the symbol LSCC. View Source3: Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products. In addition, the company licenses its technology portfolio through standard IP and IP core licensing, patent monetization, and IP services. It sells its products directly to customers, and indirectly through a network of independent manufacturers' representatives and independent distributors. The company primarily serves original equipment manufacturers in the communications and computing, consumer, and industrial, and automotive markets. Lattice Semiconductor Corporation was incorporated in 1983 and is headquartered in Hillsboro, Oregon. View Source4: Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products. In addition, the company licenses its technology portfolio through standard IP and IP core licensing, patent monetization, and IP services. It sells its products directly to customers, and indirectly through a network of independent manufacturers' representatives and independent distributors. The company primarily serves original equipment manufacturers in the communications and computing, consumer, and industrial, and automotive markets. Lattice Semiconductor Corporation was incorporated in 1983 and is headquartered in Hillsboro, Oregon. View Source5: “Among our top detractors were Lattice Semiconductor Corporation (NASDAQ:LSCC), Exact Sciences and Celsius. Cyclical pressures continued to hurt Lattice’s recent quarterly results, and shares struggled. We believe some of these headwinds are set to ease. Most semiconductor companies have been impacted by their customers’ destocking elevated inventories in recent quarters, but this seems to be nearing completion. However, other factors, such as macro-related weakness in 5G wireless infrastructure investment, may take longer to turn. Lattice expects to return to growth in the second half of 2024, partly fueled by the company’s steady flow of new product launches, which continues to drive market share gains. During the quarter, sentiment toward the stock further weakened due to the departure of Lattice’s well-respected CEO. While we were disappointed to see him go, he’s taking on an exciting turnaround challenge, and we believe the company’s strategy and operations are on very strong footing. We modestly added to the position ahead of what we view as a likely profit cycle acceleration in the year’s second half.” View Source6: Lattice Semiconductor: Poised for Growth Amidst Market Challenges View Source
7: ^ "FY2023 Form 10K". EDGAR. United States Securities and Exchange Commission. 16 February 2024. ^ Maxfield, Max (22 December 2016). "Lattice introduces iCE40 UltraPlus high-performance low-power FPGAs". EETimes. Archived from the original on 30 January 2017. Retrieved 28 May 2017. ^ Jump up to: a b Brian Chappatta, Bloomberg Businessweek. "Silicon Forest Baseball Wager Penalizes Oregon City: Muni Credit." Sep 25, 2012. Retrieved Dec 21, 2012. ^ Jump up to: a b "Lattice Website". ^ Spencer, Malia (18 July 2018). "As it drops a business unit, Lattice reflects on being ahead of its time". Portland Business Journal. Retrieved 26 October 2021. ^ "Lattice's Philippines Facility Receives Industry Recognized ISO9000 Certification - Lattice Semiconductor". Lattice Semiconductor (Press release). 23 January 2014. Retrieved 26 October 2021. ^ Happich, Julien (26 February 2010). "Lattice inaugurates Asia operation center in Singapore". EETimes. Retrieved 26 October 2021. ^ "FY2022 Earnings Announcement". EDGAR. United States Securities and Exchange Commission. Retrieved 13 August 2020. ^ Jump up to: a b c d Colby, Richard (April 3, 1991). "Co-founder of Lattice steps down". The Oregonian. p. C8. ^ "Lattice eyes new location". The Oregonian. October 9, 1987. pp. E14. ^ Colby, Richard (April 1, 1988). "Lattice profit yields final pay to creditors". The Oregonian. pp. E7. ^ Jump up to: a b Hill, Jim (October 12, 1996). "All systems go for Lattice on big expansion in Hillsboro". The Oregonian. p. B1. ^ Jump up to: a b "Lattice stock brings company cash flow". November 10, 1989. pp. E10. ^ "Lattice finishes stock offering". The Oregonian. July 24, 1990. pp. C13. ^ Jump up to: a b Francis, Mike (December 3, 1995). "Who owns 'Silicon Forest'?". The Oregonian. p. G1. ^ "The Bottom Line Briefcase: Forbes ranks six of region's small firms among nation's best". The Oregonian. October 24, 1996. pp. B1. ^ Jump up to: a b Earnshaw, Aliza (January 24, 2008). "Lattice's 2007 sales and earnings slide". Portland Business Journal. Retrieved 2009-07-24. ^ Jump up to: a b c Earnshaw, Aliza (August 18, 2006). "Lattice hopes good news isn't fleeting". Portland Business Journal. Retrieved 2009-07-24. ^ "Lattice Semiconductor Settles Charges of Illegal Exports to China". U.S. Department of Commerce. September 13, 2004. Archived from the original on February 2, 2007. Retrieved 2007-02-02. ^ Earnshaw, Aliza (January 25, 2007). "Lattice: First annual profits since 2000". High Tech - Semiconductors. Portland Business Journal. Retrieved 2007-02-02. ^ Jump up to: a b Earnshaw, Aliza (November 14, 2008). "Lattice CEO focuses on the bottom line". Portland Business Journal. Retrieved 2009-07-24. ^ Njus, Elliot (August 6, 2010). "Chief executive who helmed turnaround at Lattice Semiconductor resigns". The Oregonian. Retrieved 23 November 2010. ^ "Lattice to eliminate 64 jobs". Portland Business Journal. July 23, 2009. Retrieved 2009-07-24. ^ Rogoway, Mike (July 23, 2009). "Lattice posts 10th straight quarterly loss, plans job cuts". The Oregonian. Retrieved 2009-07-24. ^ Rogoway, Mike (January 28, 2010). "Lattice Semiconductor back in the black during fourth quarter". The Oregonian. Retrieved 28 January 2010. ^ Rogoway, Mike (October 12, 2010). "Lattice Semi names Intel vet its new CEO". The Oregonian. Retrieved 13 October 2010. ^ Njus, Elliot. "Lattice Semiconductor posts higher fourth quarter, 2011 earnings amid lower demand". The Oregonian. Retrieved 15 June 2012. ^ Siemers, Erik (February 29, 2012). "Lattice to repurchase up to $20 million in stock". Portland Business Journal. Retrieved February 29, 2012. ^ FPGA Developer, July 15, 2011 List and comparison of FPGA companies ^ Baldwin, Howard (June 22, 2006). "Dynamic Duo Still Dominate Programmable Logic". Movers and Shakers 2006. EDN. Archived from the original on October 10, 2007. Retrieved 2007-07-31. ^ Mike Rogoway, The Oregonian. "As sales slide, Lattice Semiconductor pays $62 million for Silicon Valley mobile chip company." Dec 9, 2011. Retrieved Dec 19, 2012. ^ Maxfield, Clive, Programmable Logic DesignLine, December 9, 2011 OMG! Lattice Semiconductor to acquire SiliconBlue! ^ Morris, Kevin, EE Journal, Silicon Symbiosis-Lattice Acquires SiliconBlue, December 13, 2011 Silicon Symbiosis ^ Siemers, Eric, Portland Business Journal, October 18, 2012 Lattice Semiconductor to cut 109 jobs, 30 in Hillsboro ^ Rogoway, Mike (February 6, 2014). "Lattice Semiconductor extends rebound with unexpectedly strong quarter". The Oregonian. Retrieved 7 February 2014. ^ Giegerich, Andy (March 10, 2015). "Lattice closes deal on $606M purchase". Portland Business Journal. Retrieved 11 March 2015. ^ Rogoway, Mike (May 7, 2015). "Lattice Semiconductor cuts jobs following $600 million acquisition". The Oregonian/OregonLive. Retrieved 8 May 2015. ^ By Eva Dou and Robert McMillan, Wall Street Journal. "China’s Tsinghua Unigroup Buys Small Stake in U.S. Chip Maker Lattice." April 14, 2016. May 4, 2016. ^ "Lattice Semiconductor to be Acquired by Canyon Bridge Capital Partners, Inc. for $1.3 Billion" (PDF). Palo Alto, CA: Canyon Bridge Capital Partners, Inc. 2016-11-03. Archived from the original (PDF) on 14 September 2017. Retrieved 24 July 2017. ^ Fiegerman, Seth; Wattles, Jackie (September 13, 2017). "Trump stops China-backed takeover of U.S. chip maker". CNN. Atlanta: Turner Broadcasting System. Retrieved September 13, 2017. ^ Office of the Press Secretary (September 13, 2017). "Administrative order on the Order Regarding the Proposed Acquisition of Lattice Semiconductor Corporation by China Venture Capital Fund Corporation Limited". whitehouse.gov. Washington, D.C. Retrieved October 8, 2017 – via National Archives. ^ "Order Regarding the Proposed Acquisition of Lattice Semiconductor Corporation by China Venture Capital Fund Corporation Limited". Federal Register. Washington, D.C.: National Archives and Records Administration. September 13, 2017. Archived from the original on October 9, 2017. Retrieved October 8, 2017. Alt URL ^ Dye, Jessica (September 13, 2017). "Trump bars China-backed bid for semiconductor company". Financial Times. London: The Nikkei. ISSN 0307-1766. Retrieved October 8, 2017. ^ Spencer, Malia (Mar 7, 2019). "Lattice Semiconductor is on the rebound. Here's a look at its tiny chips". Portland Business Journal. Retrieved 27 April 2019. ^ Spencer, Malia (5 February 2018). "Activist investor buys 6% stake in Lattice Semiconductor". Portland Business Journal. Retrieved 8 July 2020. ^ Spencer, Malia (7 March 2018). "Lattice strikes deal with activist investor, expands board". Portland Business Journal. Retrieved 8 July 2020. ^ Spencer, Malia (7 March 2019). "How Lattice Semiconductor survived a scuttled $1.3B deal, a powerful activist investor and big changes at the top". Portland Business Journal. Retrieved 8 July 2020. ^ Jump up to: a b Kanaval, Stephen L. (16 January 2020). "Lattice Semiconductor: Strong Growth Under New Management". Equities News. Retrieved 5 July 2020. ^ Singh, Preeti (15 November 2021). "Lattice Semiconductor acquires software firm Mirametrix". Seeking Alpha. Retrieved 19 November 2021. ^ Manners, David (16 November 2021). "Lattice buys Mirametrix". Electronics Weekly. Retrieved 19 November 2021. ^ O'Shea, Dan (6 July 2021). "Lattice intros next Nexus FPGA as market change looms". FierceElectronics. Retrieved 28 October 2021. ^ Clive Maxfield, EE Times. "Lattice enhances its wireless base station portfolio." Jun 23, 2008. Retrieved June 15, 2012. ^ Leopold, George (25 August 2021). "Lattice Semi Tunes its FPGA for Auto Apps". EE Times Asia. Retrieved 28 October 2021. ^ Spencer, Malia (12 March 2018). "Lattice Semiconductor CEO to retire this week". Portland Business Journal. Retrieved 28 October 2021. ^ "Lattice press release". ^ "Lattice press release". ^ Martin, Nichols (17 March 2021). "Lattice Semiconductor Products Added to DARPA Researchers' Resource Pool". ExecutiveBiz. Retrieved 28 October 2021. ^ Flaherty, Nick (23 June 2021). "Lattice takes on Intel and Xilinx with 100,000 gate FPGA". eeNews Europe. Retrieved 28 October 2021. ^ Flaherty, Nick (25 August 2021). "Lattice drives its FPGAs into automotive". eeNews Automotive. Retrieved 28 October 2021. ^ Morris, Kevin (3 March 2020). "Lattice mVision Stack". EEJournal. Retrieved 28 October 2021. ^ Francis, Sam (21 May 2018). "Lattice Semiconductor launches 'complete hardware stack'". Robotics & Automation News. Retrieved 28 October 2021. ^ O'Shea, Dan (11 May 2021). "Lattice aims new stack at industrial automation market". FierceElectronics. Retrieved 28 October 2021. ^ Flaherty, Nick (2 March 2021). "Lattice boosts FPGA security stack". eeNews Europe. Retrieved 28 October 2021. ^ "Lattice press release". ^ Rogoway, Mike (January 27, 2011). Lattice concludes comeback year, but says growth will slow The Oregonian. ^ Suzanne Stevens, Portland Business Journal. "Lattice hires Darin Billerbeck as CEO." Oct 12, 2010. Retrieved Dec 19, 2012. ^ John Edwards (June 1, 2006). "No room for Second Place Archived 2012-05-15 at the Wayback Machine." EDN. Retrieved May 10, 2012. View Source8: The company is headquartered in Hillsboro, Oregon, in the high-tech area known as the Silicon Forest.[3] The company employs more than 1000 people worldwide as of 2023. Jim Anderson is Lattice's chief executive officer and president.[65][66] Its chief competitors are Xilinx (a subsidiary of AMD) and Intel (former Altera business).[67] After AMD completed the acquisition of Xilinx in February 2022, Lattice Semiconductor became the last fully independent major manufacturer of FPGAs. View Source
MEDIUM RISK
Lattice Semiconductor Corporation demonstrates a mixed financial situation. On one hand, the company has a low debt-to-equity ratio of 0.03, indicating a conservative approach to debt management 9. Additionally, it has a strong net margin of 10.51%, showcasing effective cost management and profitability 10. However, the company has faced a significant revenue decline of approximately -23.6% over a recent three-month period 11, and its return on equity (ROE) is relatively low at 2.15%, suggesting challenges in generating optimal returns for shareholders 12. Furthermore, the company's forward price-to-earnings ratio is high at 37.41, which may indicate overvaluation 13. Given these factors, Lattice Semiconductor Corporation is best categorized as MEDIUM RISK.
Lattice Semiconductor Corporation demonstrates a mixed financial situation. On one hand, the company has a low debt-to-equity ratio of 0.03, indicating a conservative approach to debt management 9. Additionally, it has a strong net margin of 10.51%, showcasing effective cost management and profitability 10. However, the company has faced a significant revenue decline of approximately -23.6% over a recent three-month period 11, and its return on equity (ROE) is relatively low at 2.15%, suggesting challenges in generating optimal returns for shareholders 12. Furthermore, the company's forward price-to-earnings ratio is high at 37.41, which may indicate overvaluation 13. Given these factors, Lattice Semiconductor Corporation is best categorized as MEDIUM RISK.
9: Debt Management: Lattice Semiconductor's debt-to-equity ratio is below the industry average at 0.03, reflecting a lower dependency on debt financing and a more conservative financial approach. View Source10: Net Margin: Lattice Semiconductor's net margin is impressive, surpassing industry averages. With a net margin of 10.51%, the company demonstrates strong profitability and effective cost management. View Source11: Decline in Revenue: Over the 3 months period, Lattice Semiconductor faced challenges, resulting in a decline of approximately -23.6% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector. View Source12: Return on Equity (ROE): Lattice Semiconductor's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.15%, the company may face hurdles in generating optimal returns for shareholders. View Source13: The stock’s market cap achieved a total value of $8.66 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Lattice Semiconductor Corp. (NASDAQ:LSCC) is 40.27. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 37.41. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 12.48 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 12.68, which equates the market value of a stock with its book value. View Source
YES
Lattice Semiconductor Corporation is launching new product offerings. The company expects to return to growth in the second half of 2024, partly fueled by its steady flow of new product launches, which continues to drive market share gains 14.
Lattice Semiconductor Corporation is launching new product offerings. The company expects to return to growth in the second half of 2024, partly fueled by its steady flow of new product launches, which continues to drive market share gains 14.
14: “Among our top detractors were Lattice Semiconductor Corporation (NASDAQ:LSCC), Exact Sciences and Celsius. Cyclical pressures continued to hurt Lattice’s recent quarterly results, and shares struggled. We believe some of these headwinds are set to ease. Most semiconductor companies have been impacted by their customers’ destocking elevated inventories in recent quarters, but this seems to be nearing completion. However, other factors, such as macro-related weakness in 5G wireless infrastructure investment, may take longer to turn. Lattice expects to return to growth in the second half of 2024, partly fueled by the company’s steady flow of new product launches, which continues to drive market share gains. During the quarter, sentiment toward the stock further weakened due to the departure of Lattice’s well-respected CEO. While we were disappointed to see him go, he’s taking on an exciting turnaround challenge, and we believe the company’s strategy and operations are on very strong footing. We modestly added to the position ahead of what we view as a likely profit cycle acceleration in the year’s second half.” View Source
Lattice Semiconductor Corporation's product roadmap and expansion strategy for 2024 through to 2026 focuses on leveraging new product launches to drive market share gains and return to growth. The company anticipates overcoming recent cyclical pressures by introducing innovative FPGA solutions tailored to various markets, including communications, computing, consumer, industrial, and automotive sectors [fERROR]Lattice Semiconductor Corporation's product roadmap and expansion strategy for 2024 through to 2026 focuses on leveraging new product launches to drive market share gains and return to growth. The company anticipates overcoming recent cyclical pressures by introducing innovative FPGA solutions tailored to various markets, including communications, computing, consumer, industrial, and automotive sectors [fERROR]. This strategic direction is underpinned by a steady flow of new products, which are expected to fuel growth and enhance Lattice's competitive positioning in the semiconductor industry [fERROR]Lattice Semiconductor Corporation's product roadmap and expansion strategy for 2024 through to 2026 focuses on leveraging new product launches to drive market share gains and return to growth. The company anticipates overcoming recent cyclical pressures by introducing innovative FPGA solutions tailored to various markets, including communications, computing, consumer, industrial, and automotive sectors [fERROR]. This strategic direction is underpinned by a steady flow of new products, which are expected to fuel growth and enhance Lattice's competitive positioning in the semiconductor industry [fERROR].