Lattice Semiconductor Corp. (LSCC) updated its first-quarter guidance to reflect customer demand strength in the communications and consumer market segments. The company now expects first-quarter revenue to increase approximately 6% to 8% on a sequential basis. Lattice Semiconductor previously expected revenue to decline approximately 2% to 4% on a sequential basis.
The company said, due to the higher expected revenue contribution from the communications and consumer market segments, gross margin percentage is now expected to be at the lower end of prior guidance of approximately 54% plus or minus 2%.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.