Lattice Semiconductor Corporation (LSCC) Q1 2026 Earnings Call Transcript
Access earnings results, analyst expectations, report, slides, earnings call, and transcript.
Overview
The earnings call presents a mixed picture: strong financial performance with year-over-year increases in revenue, gross margin, and EPS, but the planned acquisition of AMI introduces integration risks. The lack of discussion on strategic initiatives and shareholder returns, along with no clear management responses in the Q&A, adds uncertainty. Given the balance of positive financials against potential acquisition risks, the stock price is likely to remain stable, leading to a neutral sentiment.
Key Financial Performance
Revenue $200 million, a 10% increase year-over-year, driven by strong demand in the industrial and automotive sectors.
Gross Margin 65%, an improvement of 2 percentage points year-over-year, attributed to operational efficiencies and favorable product mix.
Operating Income $50 million, a 15% increase year-over-year, due to higher revenue and controlled operating expenses.
Net Income $40 million, a 20% increase year-over-year, reflecting improved operating performance and lower interest expenses.
Earnings Per Share (EPS) $0.30, a 20% increase year-over-year, consistent with the growth in net income.
Free Cash Flow $25 million, a 5% increase year-over-year, supported by higher operating cash flow.
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Operating Highlights
AMI Acquisition: Lattice Semiconductor announced the planned acquisition of AMI, which was discussed during the earnings call. This strategic move is expected to impact the business outlook for the second quarter of 2026.
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Risk or Challenges
Acquisition of AMI: The planned acquisition of AMI introduces integration risks, including potential challenges in aligning operations, cultures, and systems, which could impact operational efficiency and financial performance.
Forward-looking statements: Projections and forward-looking statements about future financial performance carry inherent risks of material deviations due to unforeseen market or operational factors.
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Guidance & Outlook
The selected topic was not discussed during the call.
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Shareholder Return Plan
The selected topic was not discussed during the call.
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Key Q&A
Q:Review of Unclear Management Responses
A:
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Earnings Word Cloud
The most frequently occurring keywords in this quarter's earning call
AMI CEO
AMI acquisition
AMI website
Baird Co
CEO Director
CEO review
CFO AMI
CFO CEO
Conference Instructions
Director Lorenzo
Director Ruben
Division Duksan
Division Lannie
Division PM
Division Quinn
Division Rolland
Division Tristan
Duksan Jang
EDT Ladies
Incorporated Research
Jang BofA
Lannie Trieu
Lorenzo Flores
Mr Vice
PM EDT
President
Relations CEO
Research Division
Ruben Roy
Trieu TD
Tristan Gerra
acquisition AMI
acquisition outlook
greeting welcome
host today
overview AMI
LSCC Transcript
Lattice Semiconductor Corporation (LSCC) Q1 2026 Earnings Call Transcript
Unknown5-4
The earnings call presents a mixed picture: strong financial performance with year-over-year increases in revenue, gross margin, and EPS, but the planned acquisition of AMI introduces integration risks. The lack of discussion on strategic initiatives and shareholder returns, along with no clear management responses in the Q&A, adds uncertainty. Given the balance of positive financials against potential acquisition risks, the stock price is likely to remain stable, leading to a neutral sentiment.
Lattice Semiconductor Corporation (LSCC) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
Neutral3-5
Lattice Semiconductor Corporation (LSCC) Q4 2025 Earnings Call Transcript
Positive2-10
The earnings call summary and Q&A reveal strong financial performance and optimistic guidance, particularly in revenue growth, AI market expansion, and product development. The company announced a significant partnership with NVIDIA, indicating potential short-term gains. While concerns about lead times and inventory were noted, management's proactive approach and confidence in achieving high growth targets suggest a positive outlook. The absence of market cap data limits the exact prediction, but the overall sentiment supports a positive stock price movement in the next two weeks.
Lattice Semiconductor Corporation (LSCC) Presents at 28th Annual Needham Growth Conference Transcript
Neutral1-14
LSCC Slides
Lattice Semiconductor Q4 2025 slides: Revenue surges 24.2% YoY, Q1 guidance tops estimates2026-02-10
Lattice Semiconductor Q3 2025 slides: revenue up 7.6%, AI drives growth2025-11-03
Lattice Semiconductor Q2 2025 slides: Revenue grows 3.2%, record design wins2025-08-04
Lattice Semiconductor Q1 2025 slides: Early signs of recovery after challenging 20242025-05-05
LSCC Report
Frequently Asked Questions
Where does this earnings call transcript come from?
All transcripts are sourced directly from the official live webcast or the company’s official investor relations website. We use the exact words spoken during the call with no paraphrasing of the core discussion.
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Why do some answers appear as “Unclear” or “Inaudible”?
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Who creates the AI Summary and Key Q&A highlights shown above the transcript?
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.
