Lattice Semiconductor (LSCC) Tops Q4 EPS by 1c, Offers Guidance

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Wall Street analysts encouraged by Lattice Semiconductor (LSCC) earnings beat

February 14, 2023 1:59 PM EST

Lattice Semiconductor (NASDAQ: LSCC) shares rallied more than 8% on Tuesday after the company topped earnings and revenue expectations.

The semiconductor firm posted earnings of $0.49 per share on revenue of $175.96 million, better than the analyst consensus expectations of $0.48 per share on revenue of $175.2 million.

Wall Street analysts were encouraged by the report with Jefferies, Cowen, Rosenblatt, Benchmark, Susquehanna, Stifel, and KeyBanc raising their price targets on the stock.

Rosenblatt... More