Lattice Semiconductor Q4 2023 Adj EPS $0.45 Beats $0.44 Estimate, Sales $170.60M Miss $176.19M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lattice Semiconductor (LSCC) reported Q4 2023 adjusted EPS of $0.45, surpassing the $0.44 estimate, but its sales of $170.60M fell short of the $176.19M estimate, marking a 3.05% decrease from the previous year.
February 12, 2024 | 9:02 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Lattice Semiconductor's Q4 2023 earnings beat EPS estimates but missed on sales, with a slight year-over-year decrease.
While LSCC's earnings per share exceeded expectations, the miss on sales forecasts and the year-over-year decrease could temper investor enthusiasm. The mixed results present a neutral outlook, as the positive earnings surprise may offset concerns about sales performance in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100