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Year end 2008 at Lattice 30-01-09

Lattice Semiconductor announced financial results for the fourth quarter and year 2009. For the fourth quarter, revenue was $50.0 million, a decrease of 13% from the $57.6 million reported in the prior quarter, and a decrease of six percent from the $53.1 million reported in the same quarter a year ago.


FPGA revenue for the fourth quarter was $14.3 million, down 13% from the $16.4 million reported in the prior quarter, and up ten percent from the $13.0 million reported in the same quarter a year ago. PLD revenue for the fourth quarter was $35.7 million, a decrease of 13% from the $41.2 million reported in the prior quarter, and an 11% decrease from the $40.1 million reported in the same quarter a year ago.

 

For fiscal year 2008, revenue was $222.3 million, a decrease of three percent from the $228.7 million reported in fiscal 2007. Revenue from FPGA products was $57.9 million, an increase of 11% over 2007. Revenue from PLD products was $164.4 million, a decrease of seven percent from 2007. Net loss for the fourth quarter was $14.4 million, as compared to a prior quarter net loss of $7.0 million, and a net loss of $229.5 million reported in the same quarter a year ago. Net loss for 2008 was $38.2 million as compared to net loss of $239.8 million reported in 2007.

 
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