Lattice Semiconductor Sees Q3 Revenue $117M-$137M vs $142.47M Est.
Portfolio Pulse from Benzinga Newsdesk
Lattice Semiconductor has provided a Q3 revenue forecast of $117M-$137M, which is below the estimated $142.47M.
July 29, 2024 | 8:23 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Lattice Semiconductor's Q3 revenue forecast of $117M-$137M is below the estimated $142.47M, which may negatively impact the stock price in the short term.
The revenue forecast falling short of estimates typically signals potential underperformance, which can lead to a negative reaction from investors and a decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100