Lattice Semiconductor reports second quarter results
30-07-07
Lattice announced financial results for the second quarter ended June 30, 2007. For the second quarter, revenue was $59.2 million, an increase of two percent from the $58.1 million reported in the prior quarter, and a decrease of six percent from the $62.7 million reported in the same quarter a year ago. FPGA revenue for the second quarter was a record $13.5 million, up 14 percent from the $11.9 million reported in the prior quarter, and an increase of four percent from the $13.1 million reported in the same quarter a year ago. PLD revenue for the quarter was $45.7 million, a one percent decrease over the $46.3 million reported in the prior quarter, and a decrease of eight percent from the $49.7 million reported in the same quarter a year ago.Net loss for the second quarter was $1.5 million, as compared to a net loss of $4.4 million reported in the prior quarter, and net income of $2.1 million in the same quarter a year ago.