Lattice Semiconductor Corporation
Lattice Semiconductor Announces Fourth Quarter and Full Year 2024 Financial Results and Key Executive Appointments
Summary
Lattice Semiconductor Corporation reported its financial results for the fourth quarter and full year 2024 on February 10, 2025. The company announced an extension of its share repurchase program for an additional $100 million through the end of December 2025. Additionally, Lattice appointed Lorenzo A. Flores as its new Senior Vice President, Chief Financial Officer, effective immediately, and Tonya Stevens as Corporate Vice President, Chief Accounting Officer. The company also announced the retirement of Mark Nelson, Senior Vice President, Worldwide Sales, and his transition to an advisory role until March 15, 2025.
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About Lattice Semiconductor Corporation
Lattice Semiconductor Corporation is a global leader in the design and development of low power, programmable logic devices. Specializing in Field-Programmable Gate Arrays (FPGAs), Application-Specific Integrated Circuits (ASICs), and their related software solutions, Lattice serves primarily the computing, communications, industrial, and automotive markets. These programmable logic devices are integral in enhancing the performance of electronic devices while maintaining energy efficiency, a key consideration for modern electronics engineering. Lattice’s products empower developers to create cutting-edge technologies by offering flexibility and customization in chip design. With a strategic focus on fostering innovation and collaboration across industries, Lattice Semiconductor plays a critical role in propelling technological advancement, supporting edge computing, 5G infrastructure, and industrial automation. Established in 1983 and headquartered in Hillsboro, Oregon, Lattice holds a significant position in the semiconductor industry, leveraging decades of expertise to meet the continually evolving demands of electronics design and application.
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