Lattice Incorporated announced earnings results for the second quarter ended June 30, 2016. For the quarter, the company's total revenue was decreased to $1.3 million, down from $2.4 million in the year-ago period. Gross margin decreased to 29.7% from 48.3% in the prior year. The decrease in percentage in the current quarter was mainly attributable to revenue mix as total revenue included lower technology sales relative to service revenue.

The company continues to expect full year 2016 revenue to be consistent with prior year levels. The company expects gross profit as a percentage of revenues for both technology and service revenues to continue to track with historical levels at approximately 60% and 30%, respectively.