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Lattice Semiconductor (LSCC) Q1 Earnings Meet Estimates
LSCCLattice Semiconductor(LSCC) ZACKS·2025-05-05 22:20

Core Insights - Lattice Semiconductor reported quarterly earnings of 0.22pershare,matchingtheZacksConsensusEstimate,butdownfrom0.22 per share, matching the Zacks Consensus Estimate, but down from 0.29 per share a year ago [1] - The company generated revenues of 120.15millionforthequarterendedMarch2025,slightlyexceedingtheZacksConsensusEstimateby0.13120.15 million for the quarter ended March 2025, slightly exceeding the Zacks Consensus Estimate by 0.13%, but down from 140.82 million year-over-year [2] - Lattice shares have declined approximately 8.4% year-to-date, compared to a 3.3% decline in the S&P 500 [3] Earnings Performance - The company has not surpassed consensus EPS estimates in the last four quarters, with a previous quarter's earnings surprise of -21.05% [1][3] - Current consensus EPS estimate for the upcoming quarter is 0.24,withexpectedrevenuesof0.24, with expected revenues of 122.66 million, and for the current fiscal year, the estimate is 1.09onrevenuesof1.09 on revenues of 520.5 million [7] Industry Context - The Electronics - Semiconductors industry ranks in the top 28% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8] - Empirical research suggests a strong correlation between near-term stock movements and earnings estimate revisions, which can impact Lattice's stock performance [5][6] Future Outlook - The company's earnings outlook will be influenced by management's commentary during the earnings call and any revisions to earnings estimates following the recent report [3][4] - Lattice currently holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the market in the near future [6]