Lattice Semiconductor shares fall 20%

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Friday, July 25, 2014

The Hillsboro-based chipmaker forecast a major slowdown.

Lattice reported second-quarter revenue of $99.3 million, up 17.3 percent from a year ago and in line with its forecasts. But the company said sales in the current quarter will be around $90 million, up 3 percent from a year ago.

That would be Lattice's slowest growth in 18 months, suggesting there may be limits to the company's expansion.

Read more at OregonLive.com

 

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