Lattice Semiconductor reports Q1 EPS 22c, consensus 22c

Reports Q1 revenue $120.1M, consensus $120.1M. Ford Tamer, Chief Executive Officer, said, “The first quarter of 2025 developed as expected, with sequential revenue growth, a record level of design wins, and a further expansion of our operating margins. Revenue and design win growth are being led by new applications, notably in generative AI in the datacenter, robotics in industrial, in-cabin and ADAS in automotive, AR/VR in consumer, security, including post-quantum cryptography, and far edge AI for lower power applications. While we are encouraged by our progress, we are monitoring the market environment, along with the broader industry, as it could have an impact on our outlook.”