Lattice Semiconductor (LSCC) Misses Q2 EPS by 1c; offers guidance

Lattice Semiconductor (NASDAQ: LSCC) reported Q2 EPS of $0.23, $0.01 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $124.1 million versus the consensus estimate of $130.17 million.

GUIDANCE:

Lattice Semiconductor sees Q3 2024 revenue of $117-137 million, versus the consensus of $142.5 million.

Gross margin percentage for the third quarter of 2024 is expected to be 69.0% plus or minus 1% on a non-GAAP basis.

Total operating expenses for the third quarter of 2024 are expected to be between $53 million and $55 million on a non-GAAP basis.

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

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