- Lattice Semiconductor Corporation, a manufacturer of low-power programmable logic circuits, has announced its financial results for the fourth quarter and fiscal year 2021 ended January 1, 2022.
Its revenue increased 26.3 percent over 2020 to $515.33 million for the full year 2021.
Its fourth quarter 2021 revenue is $141.8 million, up 32.3% from fourth quarter 2020 and 7.5% from third quarter 2021.
Its GAAP(*) net income doubles year-over-year from $47.4 million in 2020 to $96 million in 2021.
Lattice Semiconductor is a U.S.-based manufacturer of field-programmable gate arrays (FPGAs). Founded in 1983, the Oregon-based company offers several families of FPGAs for a variety of applications. Some families stand out for their very low power consumption, while others are designed for automotive, video, control and security applications, etc.
(*)GAAP: Generally Accepted Accounting Principles.