Lattice Semiconductor (LSCC) Tops Q2 EPS by 1c, provides outlook

Lattice Semiconductor (NASDAQ: LSCC) reported Q2 EPS of $0.52, $0.01 better than the analyst estimate of $0.51. Revenue for the quarter came in at $190.08 million versus the consensus estimate of $188.08 million.
Outlook:

Revenue for the third quarter of 2023 is expected to be between $187 million and $197 million.

•Gross margin percentage for the third quarter of 2023 is expected to be 70.5% plus or minus 1% on a non-GAAP basis.

•Total operating expenses for the third quarter of 2023 are expected to be between $58 million and $60 million on a non-GAAP basis.

For earnings history and earnings-related data on Lattice Semiconductor (LSCC) click here.

You May Also Be Interested In

• onsemi downgraded by TD Cowen after Synaptics deal clouds growth story
• Benchmark Reiterates Buy Rating on IMAX Corporation (IMAX), Highlights 'The Odyssey' Potential
• Kite Realty sells City Center in White Plains for $50 million