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Lattice Semiconductor Corporation Q1 2011 Earnings Conference Call Transcript

Lattice Semiconductor Corporation (LSCC)

Q1 2011 Earnings Conference Call

April 21, 2011 17:00 ET

Executives

David Pasquale – Global IR Partners

Darin Billerbeck – President and Chief Executive Officer

Joe Bedewi – Chief Financial Officer

Analysts

Richard Shannon – Northland Capital

Sanjay Devgan – Morgan Stanley

Ruben Roy – Pacific Crest Securities

Nick Clare – Robert Baird

Sujeeva De Silva – ThinkEquity

David Duley – Steelhead

Presentation

Operator

Good afternoon. My name is Leonard and I will be your conference operator today. At this time, I would like to welcome everyone to the Lattice Semiconductor first quarter 2011 conference call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. (Operator Instructions)

I would now like to turn the call over to David Pasquale with Global IR Partners. You may begin.

David Pasquale – Global IR Partners

Thank you, operator. Welcome everyone to Lattice Semiconductor’s first quarter 2011 results conference call. Joining us from the company today are Mr. Darin Billerbeck, the company’s President and CEO, Mr. Joe Bedewi Lattice’s CFO. Both executives will be available for Q&A after the prepared comments.

If you have not yet received a copy of today’s results release please email Global IR Partners using lscc@globalirpartners.com or you can get a copy of the release off of the Investor Relations section of Lattice’s website.

Before we begin the formal remarks, I will review the Safe Harbor statements. It is our intention that this call will comply with the requirements of SEC Regulation FD. This call includes and constitutes the company’s official guidance for the second quarter of fiscal 2011. If at anytime after this call we communicate any material changes to this guidance, we intend that such updates will be done using a public forum such as a press release or publicly announced conference call. The matters that we discuss today other than historical information includes forward-looking statements relating to our future financial performance and other performance expectations.

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