Recent Updates — LSCC

Lattice Semiconductor reported fiscal third-quarter revenue of $291.0 million, an 118.3% increase from the prior year period, driven by strong demand in compute and communications sectors. GAAP net income was $11.2 million, or $0.08 per diluted share, while non-GAAP net income reached $103.7 million, or $0.72 per diluted share. The company expects fourth-quarter revenue to be between $325 million and $345 million. Lattice Semiconductor is a low-power programmable logic and platform firmware leader.

The board appointed John McCool and Raejeanne Skillern as independent directors effective October 21, 2026. The filing discloses that Ms. Skillern serves on the Audit Committee and Mr. McCool serves on the Compensation Committee, both effective October 29, 2026. Each director receives a customary annual cash retainer of $10,000 for their respective committee service. Lattice Semiconductor Corporation designs and manufactures programmable logic devices.

The Board of Directors increased its authorized size from eight to ten members and appointed John McCool and Raejeanne Skillern as independent directors effective October 21, 2026. Each director will receive an annual cash retainer of $80,000 and a prorated restricted stock unit award valued at $220,000 on the grant date. Mr. McCool brings extensive semiconductor and networking experience from Arista Networks and Cisco Systems, while Ms. Skillern offers deep expertise in cloud infrastructure and artificial intelligence from her tenure at Amazon Web Services and Intel Corporation. Lattice Semiconductor is a low power programmable logic and platform firmware leader.

Lattice Semiconductor filed an amendment to its Current Report on Form 8-K to include the historical audited and unaudited financial statements of acquired business AM TopCo, Inc. (AMI) and pro forma combined financial information previously omitted from the original filing dated July 27, 2026. The acquisition closed in May 2026 for a final purchase price of $604.7 million. AMI reported $194.7 million in revenue and a net loss of $14.0 million for the year ended December 31, 2025. Lattice Semiconductor designs and sells programmable logic devices.

Lattice Semiconductor reported record fiscal second quarter 2026 revenue of $201.1 million, a 62% year-over-year increase, with GAAP net income of $0.14 per diluted share and non-GAAP EPS of $0.53. The company closed its $1.65 billion acquisition of AMI on July 27, 2026, comprising approximately $1 billion in cash and $650 million in stock, creating a comprehensive secure management platform for data center AI. Lattice provided third quarter 2026 guidance projecting revenue between $245 million and $265 million, including an approximate two-month contribution from AMI, with non-GAAP EPS expected between $0.54 and $0.58 per share. The company operates in the semiconductor industry, specializing in low-power programmable logic devices such as FPGAs.

Lattice Semiconductor Corporation completed the acquisition of AMI for approximately $1 billion in cash and 5.2 million shares of Lattice common stock and restricted stock units. To fund the acquisition, the company borrowed $925.0 million under a delayed draw term loan facility. Lattice also issued 4,741,352 shares of common stock as part of the transaction. Lattice Semiconductor Corporation is a semiconductor company that provides low power programmable FPGA solutions.