SignalTech/AI
Lattice Semiconductor (LSCC) reports earnings tomorrow: what to expect
Lattice Semiconductor earnings tomorrow create event-driven catalyst for LSCC shares.
Context
What happened: Lattice Semiconductor (NASDAQ:LSCC) reports earnings Monday after the bell, with the market expecting revenue growth of 91.9% year on year.
Key numbers: Last quarter revenue was $201.1 million, up 62.2% year on year. Expected growth of 91.9% compares with a 4.9% increase in the same quarter last year.
Why it matters: Analysts have reconfirmed estimates over the last 30 days, suggesting they expect the business to stay the course. Peer results were mixed: Penguin Solutions beat estimates and traded up 13.1%, while Allegro MicroSystems was down 13.7%.
Market: -4.7% today ($42.86), -42.9% YTD, 1.7x vol — as of 08:00 UTC
Coverage: 3 outlets in 24h
What changed
Lattice Semiconductor (NASDAQ:LSCC) reports earnings Monday after the bell, with the market expecting revenue growth of 91.9% year on year.
Why it matters
Analysts have reconfirmed estimates over the last 30 days, suggesting they expect the business to stay the course. Peer results were mixed: Penguin Solutions beat estimates and traded up 13.1%, while Allegro MicroSystems was down 13.7%.
Market: -4.7% today ($42.86), -42.9% YTD, 1.7x vol — as of 08:00 UTC