Lattice Semiconductor Q2 2024 Adj. EPS $0.23 Misses $0.24 Estimate, Sales $124.076M Miss $130.172M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lattice Semiconductor (NASDAQ:LSCC) reported Q2 2024 earnings of $0.23 per share, missing the analyst estimate of $0.24. Sales were $124.076 million, below the $130.172 million estimate. Both earnings and sales showed significant declines from the same period last year.
July 29, 2024 | 8:05 pm
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Lattice Semiconductor reported Q2 2024 earnings of $0.23 per share, missing the analyst estimate of $0.24. Sales were $124.076 million, below the $130.172 million estimate. Both earnings and sales showed significant declines from the same period last year.
The earnings and sales figures both missed analyst estimates and showed significant declines from the same period last year. This is likely to negatively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100