Lattice Semiconductor posted fiscal Q2 revenue of USD 201.1 million, up 62.2% year over year; GAAP diluted EPS was USD 0.14.
Non-GAAP diluted EPS rose to USD 0.53, more than doubled year over year; non-GAAP gross margin widened 2.4 percentage points to 71.7%.
GAAP operating cash flow climbed to USD 88.3 million; non-GAAP free cash flow increased to USD 81.3 million.
Third-quarter outlook
Forecasts Q3 FPGA revenue of USD 210 million-USD 230 million; total revenue including about two months of AMI contribution seen at USD 245 million-USD 265 million.
AMI acquisition closed
Closed the USD 1.65 billion AMI acquisition, funded with about USD 1 billion cash and USD 650 million stock, issuing about 5,200,000 shares.