Lattice Semi misses by $0.16, misses on revs; guides Q2 revs below consensus
* Reports Q1 (Mar) loss of $0.17 per share, $0.16 worse than the Capital IQ Consensus of ($0.01); revenues rose 8.9% year/year to $96.5 mln vs the $98 mln Capital IQ Consensus.
Non-GAAP Gross Margin 60.0%.
* Co issues downside guidance for Q2, sees Q2 revs of $97-103 mln vs. $107.43 mln Capital IQ Consensus Estimate.
Sees Non-GAAP EPS in the range of 55-59%.