UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
November 5, 2013
Lattice Semiconductor Corporation
(Exact name of registrant as specified in its charter)
Delaware | 000-18032 | 93-0835214 | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||
5555 N. E. Moore Court
Hillsboro, Oregon 97124-6421
(Address of principal executive offices, including zip code)
(503) 268-8000
(Registrant's telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02. Results of Operations and Financial Condition.
On November 5, 2013, Lattice Semiconductor Corporation (the “Company”) issued a press release announcing the Company had filed its Quarterly Report on Form 10-Q for the third quarter ended September 28, 2013. The Company also announced that the Quarterly report includes amendments to its third quarter results as originally reported on October 24, 2013. A copy of the press release is furnished (not filed) as Exhibit 99.1 to this Current Report on Form 8-K. The information in Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
The following exhibit is being furnished herewith:
Exhibit No. | Description | ||
99.1 | Press Release, dated November 5, 2013 (furnished herewith). | ||
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
LATTICE SEMICONDUCTOR CORPORATION | |||
By: | /s/ Joe Bedewi | ||
Date: | November 5, 2013 | Joe Bedewi Corporate Vice President and Chief Financial Officer | |
EXHIBIT INDEX
Exhibit No. | Description | ||
99.1 | Press Release dated November 5, 2013 (furnished herewith) | ||
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Exhibit 99.1
NEWS RELEASE
For more information contact:
Joe Bedewi
Chief Financial Officer
Lattice Semiconductor Corporation
503-268-8000
David Pasquale
Global IR Partners
914-337-8801
lscc@globalirpartners.com
LATTICE SEMICONDUCTOR FILES 10-Q FOR THIRD QUARTER 2013 AND AMENDS FINANCIAL RESULTS
HILLSBORO, OR - November 5, 2013 - Lattice Semiconductor Corporation (NASDAQ: LSCC) today filed its Form 10-Q for the third quarter ended September 28, 2013 with the U.S. Securities and Exchange Commission. In connection with this filing, Lattice has amended its third quarter results, which were originally reported on October 24, 2013. The tables below detail the amendments, including gross margin and net income (loss) per share increasing to 53.2% and $0.08 per basic and diluted share, respectively, for the three months ended September 28, 2013, compared to 52.4% and $0.07 per basic and diluted share, respectively, as originally reported on October 24, 2013.
As reported on October 24, 2013:
Three Months Ended September 28, 2013 | Nine Months Ended September 28, 2013 | |||
Cost of Products Sold | $41,463 | $114,050 | ||
Gross Margin % | 52.4% | 53.1% | ||
Income (loss) from operations | $8,230 | $17,886 | ||
Income (loss) before income taxes | $8,576 | $18,126 | ||
Net Income (loss) | $8,159 | $15,059 | ||
Net Income (loss) per share: | ||||
Basic | $0.07 | $0.13 | ||
Diluted | $0.07 | $0.13 | ||
As Amended:
Three Months Ended September 28, 2013 | Nine Months Ended September 28, 2013 | |||
Cost of Products Sold | $40,778 | $113,365 | ||
Gross Margin % | 53.2% | 53.3% | ||
Income (loss) from operations | $8,915 | $18,571 | ||
Income (loss) before income taxes | $9,216 | $18,811 | ||
Net Income (loss) | $8,844 | $15,744 | ||
Net Income (loss) per share: | ||||
Basic | $0.08 | $0.14 | ||
Diluted | $0.08 | $0.13 | ||
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About Lattice Semiconductor:
Lattice Semiconductor (NASDAQ: LSCC) is the World's leading provider of ultra-low-power programmable IC solutions for makers of smartphones, mobile handheld devices, small-cell networking equipment, industrial control, automotive infotainment, and much more. With more than 1 billion units sold over the past 10 years, Lattice ships more FPGAs, CPLDs and Power Management solutions than any other programmable solutions vendor. For more information, visit www.latticesemi.com. You can also follow us via Twitter, Facebook, or RSS.
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