Lattice Semiconductor Reports Second Quarter 2020 Results
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Lattice Semiconductor (LSCC) PT Raised to $36 at Cowen
July 29, 2020 7:59 AM EDTCowen analyst Matthew Ramsay raised the price target on Lattice Semiconductor (NASDAQ: LSCC) to $36.00 (from $33.00) while maintaining an Outperform rating.
The analyst commented, "Strong JunQ results with a modest SeptQ raise above our prior expectations in a tough environment. Nexus product... More
Lattice Semiconductor (LSCC) Tops Q2 EPS by 2c; Offers 3Q Revenue Guidance
July 28, 2020 4:02 PM EDTLattice Semiconductor (NASDAQ: LSCC) reported Q2 EPS of $0.17, $0.02 better than the analyst estimate of $0.15. Revenue for the quarter came in at $100.59 million versus the consensus estimate of $100.02 million.
Revenue Grows 3% Sequentially in Q2 2020 Driven by Strong Demand in Communications and ComputingGross Margin Expands to 60.2% / 61.3% for Q2 2020 on a GAAP / Non-GAAP Basis, from 58.7% / 59.0%, respectively, for Q2 2019Net Income Improves to $0.08 / $0.17 Per Diluted Share for Q2 2020 on a GAAP / Non-GAAP Basis, from $0.06 / $0.15, respectively, for Q2 2019Jim Anderson, President and Chief Executive Officer, said, "We achieved... More
