Exhibit 99.1

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NEWS RELEASE

CONTACTS
 
MEDIA:
INVESTORS:
Lattice Semiconductor Corporation
Global IR Partners
Doug Hunter, 503.268.8512
David Pasquale, 914.337.8801
doug.hunter@latticesemi.com
lscc@globalirpartners.com


LATTICE SEMICONDUCTOR REPORTS

FOURTH QUARTER AND FULL YEAR 2018 RESULTS


Fourth Quarter Net Loss Per Share Reduced by $0.01 on a Year Over Year GAAP Basis; Net Income Per Share Increased $0.07 on a Year Over Year Non-GAAP Basis
2018 Net Loss Per Share Reduced by 64% on a GAAP Basis, From $0.58 in 2017 to $0.21 in 2018; Net Income Per Share Tripled to $0.33 in 2018 from $0.11 in 2017 on a Non-GAAP Basis
Expanded Operating Cash Flow to $30.9 million in the Fourth Quarter from $11 million in the Third Quarter, and $51.5 Million for 2018 Compared to $38.5 Million in 2017
* GAAP represents U.S. Generally Accepted Accounting Principles. Non-GAAP represents GAAP excluding the impact of certain activities which the Company's management excludes in analyzing the Company's operating results and in understanding trends in the Company's earnings. For a reconciliation of GAAP to non-GAAP results, see accompanying tables "Reconciliation of U.S. GAAP to Non-GAAP Financial Measures."
PORTLAND, OR - February 12, 2019 -
Lattice Semiconductor Corporation (NASDAQ: LSCC), a leading provider of programmable logic devices, announced financial results today for the fiscal fourth quarter and full year ended December 29, 2018.
Jim Anderson, President and Chief Executive Officer, said, "We are pleased to report that for the full year 2018, we substantially improved Lattice's profitability, earnings per share and operating cash flow. We simplified the Company’s operating structure and have attracted an experienced executive team to lead all critical business areas. Despite uncertainty in the current macroeconomic climate, we are positioned to benefit over the long term from multiple catalysts in our business, including growth in computing, industrial and automotive, and the global 5G buildout. We are excited about 2019 as we unlock additional value for the company and its shareholders."

1

The following information was filed by Lattice Semiconductor Corp (LSCC) on Tuesday, February 12, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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