Lattice Details Next Growth Phase and Long-Term Financial Model at 2023 Analyst and Investor Day

Lattice Semiconductor Corporation (NASDAQ: LSCC), the low power programmable leader, today at its 2023 Analyst and Investor Day outlined its strategy to drive its next growth phase. The Company provided a strategic overview of how it is well positioned in a growing addressable market with a rapidly expanding product portfolio, delivering market-leading innovation, and driving strong customer momentum. The Company also raised its long-term financial model targets.

Jim Anderson, President and CEO, said, “We are pleased with the progress to date but are even more excited about where we are heading with Lattice’s next growth phase. Given our combination of market position, expanding product portfolio and customer momentum, we are well positioned to drive continued long-term growth.”

Esam Elashmawi, Chief Strategy and Marketing Officer, detailed Lattice’s large and growing market opportunity, with a $10 billion addressable market. He also provided details on Lattice’s rapid product portfolio expansion, including the strategic applications that are driving growth, the addition of new products to the long-term roadmap, and the unveiling of multiple new products today: Avant-G, Avant-X in mid-range, CrossLinkU-NX in small FPGA, and the Lattice Drive software solution.

Sherri Luther, CFO, summarized Lattice’s strong financial results to date and the new, higher financial model targets.

The presentation and a webcast replay of the event are available on the Investor Relations section of www.LatticeSemi.com.

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future events or performance are not historical facts and may be forward-looking. Such forward-looking statements include, but are not limited to, statements relating to our market position in secular growth markets; market-leading innovation; product and customer momentum; product portfolio expansion and strategic applications; the size of our addressable market and growing market opportunities; financial model targets; and positioning for long-term growth. Other forward-looking statements may be indicated by words such as “will,” “could,” “should,” “would,” “may,” “expect,” “plan,” “project,” “anticipate,” “intend,” “forecast,” “future,” “believe,” “estimate,” “predict,” “propose,” “potential,” “continue” or the negative of these terms or other comparable terminology.