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LATTICE SEMICONDUCTOR CORP

For the period ended Dec 30, 2023. Filed Feb 16, 2024.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 16, 2024

LSCC$113.89+8.4%Stored close · as of Nov 9, 2026

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Consolidated Statements of Operations

Year Ended
December 30,December 31,January 1,
(In thousands, except per share data)202320222022
Revenue$737,154$660,356$515,327
Cost of revenue222,484208,306193,652
Gross margin514,670452,050321,675
Operating expenses:
Research and development159,770135,767110,518
Selling, general, and administrative137,244122,076105,617
Amortization of acquired intangible assets3,4783,7782,613
Restructuring1,9082,551940
Acquisition related—5111,171
Total operating expenses302,400264,683220,859
Income from operations212,270187,367100,816
Interest income (expense), net2,041(4,146)(2,738)
Other income (expense), net545(1,109)(452)
Income before income taxes214,856182,11297,626
Income tax (benefit) expense(44,205)3,2301,704
Net income$259,061$178,882$95,922
Net income per share:
Basic$1.88$1.30$0.70
Diluted$1.85$1.27$0.67
Shares used in per share calculations:
Basic137,694137,321136,619
Diluted139,790140,667142,143
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.