Lattice Semiconductor (LSCC) reported Q1 non-GAAP earnings late Monday of $0.22 per diluted share, down from $0.29 a year earlier.
Analysts polled by FactSet expected $0.22.
Revenue for the quarter ended March 29 was $120.2 million, down from $140.8 million a year earlier. Analysts surveyed by FactSet expected $120.1 million.
For Q2, the company expects non-GAAP EPS between $0.22 and $0.26 on revenue of $118.5 million to $128.5 million. Analysts expect EPS of $0.24 on revenue of $123.7 million.
Shares were down more than 2% in recent after-hours activity.
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