India, Nov. 2 -- Lattice Semiconductor Corporation (LSCC), a provider of low-power programmable semiconductor solutions, on Monday reported a sharp increase in third-quarter profit, driven largely by strong revenue growth and improved operating performance.
Net income increased to $11.2 million, or $0.08 per share, from $2.8 million, or $0.02 per share, last year. Adjusted income rose to $103.7 million, or $0.72 per share, from $38.2 million, or $0.28 per share.
Revenue for the quarter ended October 3, 2026, surged 118.3% to $291.0 million from $133.3 million in the year-ago quarter.
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Gross margin was 67.4%, compared with 67.9% a year earlier, while adju...