Lattice Semiconductor (LSCC) PT Raised to $8 at Baird
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Go back to Lattice Semiconductor (LSCC) PT Raised to $8 at Baird
July 27, 2018 9:03 AM EDT
Susquehanna raised its price target on Lattice Semiconductor (NASDAQ: LSCC) to $7.00 (from $6.00) while maintaining a Neutral rating.
Analyst Christoper Rolland commented, "While top-line results/guide werent perfect, gross margin expansion and opex controls drive leverage in the model. We applaud Glen Hawks... More
July 26, 2018 4:02 PM EDT
Lattice Semiconductor (NASDAQ: LSCC) reported Q2 EPS of $0.10, $0.05 better than the analyst estimate of $0.05. Revenue for the quarter came in at $102.72 million versus the consensus estimate of $100.04 million.
Second Quarter 2018 Highlights:
Company continues to execute on business strategy; delivers improved results with revenue at $102.7 millionGross Margin of 48.9% on a GAAP basis and 57.2% on a non-GAAP basisGross Margin on a GAAP basis adversely impacted by impairment charges related to discontinuation of non-core millimeter wave businessNet Loss of $0.16 per share on a GAAP basis and Net Income of $0.10 per...
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