Semiconductors market growth of up to five per cent for Lattice

e14news — Thu, 07 Oct 2021 06:47:29 GMT

Current Revision posted to Documents by e14news on 10/7/2021 6:47:29 AM
Oregon-based semiconductors producer Lattice has reiterated its guidance for its upcoming third-quarter results.

The firm is not planning to hold a conference call once the figures are finalised, but says that the quarter is scheduled to end officially on October 2nd.

After that date, final statistics for the three-month period should shed light on how sales of the company's semiconductors have performed.

Lattice Semiconductor predicts that any movement should be upwards, at anything from no growth at all to an increase of five per cent in revenues.

This is a sequential growth rate, meaning that it compares with the previous quarter rather than the same period of the previous year.

With gross margins of around 60 per cent of revenues, the firm adds that it expects to see profitability overall for the quarter.

In the second quarter of 2010, Lattice reported annual growth of 64 per cent and sequential revenue increase of ten per cent.