27.01.2015 11:09:47

Lattice Semiconductor Backs Q4 Revenue Outlook - Quick Facts

(RTTNews) - Lattice Semiconductor Corp. (LSCC) said Tuesday it continues to expect revenue for the fourth quarter to be approximately flat to down 4% sequentially and gross margin percentage to be approximately 57% plus or minus 2%.

In addition, the company now expects its total operating expenses for the fourth quarter to be about $41.5 million, higher than the prior guidance as well as prior quarter.

Also, Lattice currently expects that its fourth-quarter 2014 net income will be positively impacted by an $11.5 million non-recurring tax benefit.

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