- Associated Press - Thursday, September 9, 2010

HILLSBORO, ORE. (AP) - Lattice Semiconductor Corp., which makes programmable chips that are used in electronics, on Thursday backed its third-quarter guidance.

The company still expects revenue to be flat to up 5 percent over the second quarter, and that its gross profit margin will be 59 percent to 61 percent of revenue.

The company expects “continued profitability” in the third quarter, which ends Oct. 2.

Lattice’s chips are used by electronics manufacturers in consumer electronics, automobiles, medical and military devices, and the communications, computing and industrial markets.

The company, based in Hillsboro, did not offer more details in a brief press release released Thursday after the market closed.

Shares were unchanged in extended trading after falling 1.1 percent, or 5 cents, to $4.67 during the regular session.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More

Click to Hide