Lattice Semiconductor Reports Second Quarter 2019 Results
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July 31, 2019 6:58 AM EDT
Rosenblatt analyst Hans Mosesmann raised the price target on Lattice Semiconductor (NASDAQ: LSCC) to $21.00 (from $15.00) while maintaining a Buy rating.
The analyst commented, "Lattice's solid execution was driven by Communications/Computing and Industrial/Automotive. The company continues to deliver in a fluid environment and management's... More
July 30, 2019 4:02 PM EDT
Lattice Semiconductor (NASDAQ: LSCC) reported Q2 EPS of $0.15, $0.04 better than the analyst estimate of $0.11. Revenue for the quarter came in at $102.3 million versus the consensus estimate of $99.72 million.
Revenue Growth of 4.3% Sequentially from Q1 '19 to Q2 '19Gross Margin of 58.7% on a GAAP Basis and 59.0% on a Non-GAAP BasisNet Income Improves to $0.06 / $0.15 Per Diluted Share on a GAAP / Non-GAAP Basis$40 Million in Discretionary Debt PaymentsJim...
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