Lattice Semiconductor Q4 Revenue, Guidance Top Estimates
Lattice Semiconductor reported Monday fourth-quarter revenue and guidance for the current-quarter that topped Wall Street expectations.
Lattice Semiconductor Corporation (NASDAQ:LSCC) was up 14% in overnight trading following the report.
For the three months ended Dec. 28, the company reported earnings of $0.15 per diluted share on revenue of $117.4 million, compared with estimates for $0.19 on revenue of $117.09 million.
"We achieved record design wins, significantly reduced operating expenses, and delivered a strong 31.8% adjusted EBITDA margin in 2024,” said Ford (NYSE:F) Tamer, Chief Executive Officer.
Looking ahead to Q1, the company expects adjusted EPS between $0.20 and $0.24 per share on revenue of $115M to $125M. That is ahead of analysts' forecasts for adjusted EPS of $0.21 on revenue of $118.8M.
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