These Analysts Slash Their Forecasts On Lattice Semiconductor After Downbeat Earnings

Lattice said it expects revenue for the third quarter of 2024 to be between $117 million and $137 million and gross margin to be 69%, plus or minus 1%. Lattice Semiconductor reported quarterly earnings of 23 cents per share, which missed the analyst consensus estimate of 24 cents per share. Quarterly sales came in at $124.076 million, which missed the analyst consensus estimate of $130.172 million, according to data from Benzinga Pro. These analysts made changes to their price targets on Lattice Semiconduct ...