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Lattice Semiconductor (LSCC) plummets 16.3% after an earnings warning in which it forecasts that...
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Thursday, June 14, 2012, 11:12 AM ETLattice Semiconductor (LSCC) plummets 16.3% after an earnings warning in which it forecasts that Q2 revenue will be flat to -4% Q/Q, indicating sales of $69.5M-$71.7M. That's below consensus of $73.5M; the prior guidance had been flat to +4%. Lattice, which is suffering from a soft EU market, also cuts its gross margin forecast to 51% from 55%. (PR)
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