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Lattice Semiconductor: year end 2006 results 26-01-07

Lattice Semiconductor announced for the fourth quarter 2006 a revenue of $61.8 million, an increase of 15 percent from the $54.0 million reported in the same quarter a year ago, and a decrease of three percent from the $63.5 million reported in the prior quarter. PLD revenue for the fourth quarter was $50.0 million, a 13 percent increase over the same quarter a year ago, and essentially flat with prior quarter revenue of $50.2 million. FPGA revenue for the quarter was $11.8 million, up 20 percent from the $9.9 million reported in the same quarter a year ago, and down 11 percent from revenue of $13.3 million reported in the prior quarter. For the year 2006, revenue was $245.5 million, an increase of 16 percent from the $211.1 million reported in 2005. Revenue from FPGA products was $48.9 million and increased 25 percent from 2005. Revenue from PLD products was $196.5 million and increased 14 percent from the prior year. Revenue from New Products increased 86 percent year over year.

 

Net income for the fourth quarter was $0.9 million, as compared to a net loss of $23.0 million reported in the same quarter a year ago, and essentially flat with prior quarter net income of $0.9 million. Net income for 2006 was $3.1 million, as compared to the net loss of $49.1 million reported in 2005.

 
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