Lattice Semiconductor Lowers Q2 Revenue Forecast

by Benzinga Staff
June 14, 2012 7:00 AM | 17 seconds read | Make a Comment

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Lattice Semiconductor Corp (NASDAQ: LSCC) lowered its Q2 revenue forecast.Lattice Semiconductor now projects revenue to be flat to down 4% sequentially. The company had earlier expected revenue to be flat to up 4% sequentially. Lattice also cut its gross margin forecast to around 51%, versus its earlier forecast of around 55%.Lattice Semiconductor shares closed at $4.49 yesterday.

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