LATTICE SEMICONDUCTOR CORP

LATTICE SEMICONDUCTOR CORP announced changes to its Board committees. Ms. Skillern has been appointed to the Audit Committee, and Mr. McCool has been appointed to the Compensation Committee, both effective October 29, 2026. Both individuals have been determined to meet the independence requirements for their respective committee roles. They will each receive an additional annual cash retainer of $10,000 for their service on these committees.

Lattice Semiconductor Corporation reported strong financial results for the second quarter of fiscal 2026, with significant year-over-year increases in revenue and net income. The company also entered into a new $1.15 billion credit agreement, including a $950 million delayed draw term loan facility, and incurred acquisition-related expenses for the AMI acquisition completed in July 2026. The company also repurchased $15.0 million of common stock during the first six months of 2026.

Lattice Semiconductor reported record second quarter 2026 financial results, with revenue reaching $201.1 million, a 62.2% increase year-over-year, and non-GAAP diluted EPS of $0.53, up over 120% year-over-year, both exceeding guidance. The company also announced the completion of its $1.65 billion acquisition of AMI, which is expected to be accretive to non-GAAP gross margin, EBITDA, free cash flow, and EPS. This acquisition is projected to contribute to a $1 billion annual revenue run rate in Q3 2026, with Q3 revenue guidance set between $245 million and $265 million.

Lattice Semiconductor Corporation announced the completion of its acquisition of AMI on July 27, 2026. The deal involved approximately $1 billion in cash and 5.2 million shares of Lattice common stock and restricted stock units, funded partly by a $925.0 million loan. This acquisition aims to create the industry's most complete secure management and control platform for data center AI and physical AI, expanding Lattice's market and capabilities. The company expects the acquisition to be accretive to gross margin, free cash flow, and non-GAAP earnings per share.

Lattice Semiconductor Corporation entered into a Second Amended and Restated Credit Agreement, establishing a new senior secured credit facility totaling $1.15 billion. This facility includes a $200.0 million revolving loan for working capital and general corporate purposes, and a $950.0 million delayed draw term loan specifically intended to finance a portion of the cash purchase price for the previously announced AMI acquisition. Both facilities mature on June 30, 2031, and are subject to customary fees, interest rates based on the Company's leverage ratio, and financial covenants.

Lattice Semiconductor Corporation held its 2026 Annual Meeting of Stockholders on May 1, 2026, with 95.75% of outstanding shares present. Stockholders elected all nine director nominees for a one-year term. Additionally, the appointment of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2027 was ratified, and the advisory vote to approve named executive officer compensation was approved.

Lattice Semiconductor reported strong financial results for the first quarter of fiscal 2026, with revenue increasing 42.2% year-over-year to $170.9 million and net income surging 334.4% to $21.8 million. Diluted earnings per share rose to $0.16. The company also saw significant growth in gross margin and operating cash flow, while strategically reducing its revolving loan facility and continuing share repurchases.

Lattice Semiconductor announced a definitive agreement to acquire AMI, a leader in platform firmware, for $1.65 billion, consisting of $1 billion in cash and approximately $650 million in stock. The acquisition is expected to close in Q3 2026 and is anticipated to be accretive to non-GAAP gross margin, free cash flow, and EPS. Concurrently, Lattice reported strong Q1 2026 financial results, with revenue increasing 42.2% year-over-year to $170.9 million and non-GAAP diluted EPS growing 86% to $0.41.