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Lattice Semiconductor (LSCC)
NASDAQ:LSCC
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Lattice Semiconductor (LSCC) Earnings Date & Reports

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Earnings Data

Report Date
Feb 18, 2025
TBA Not Confirmed
Period Ending
2024 (Q4)
Consensus EPS Forecast
$0.19
Last Year’s EPS
$0.45
Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Nov 04, 2024
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% Change Since: 11.52%
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Next Earnings Date:Feb 18, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a challenging market environment, with notable declines in year-over-year revenue and significant headwinds in the Industrial and Automotive segments. However, there are positive aspects, such as strong growth in the Communications and Computing sectors, stable gross margins, and strategic focus on AI, suggesting potential for future growth.
Company Guidance
During the earnings call for Lattice Semiconductor's third quarter of 2024, the company provided guidance for the fourth quarter, expecting revenue between $112 million and $122 million. Gross margin is projected to be 68% plus or minus 1% on a non-GAAP basis, and operating expenses are anticipated to range from $52 million to $54 million. The company foresees a U-shaped recovery and anticipates low single-digit revenue growth in 2025 compared to 2024. Although Lattice implemented a 14% workforce reduction to align resources and drive efficiency, the company remains confident in maintaining its long-term revenue growth targets of 15% to 20%. Additionally, the company expects double-digit EPS expansion in 2025, driven by revenue growth and cost reductions.
Record Growth in Communications and Computing
The Communications and Computing segment was up 12% sequentially, driven by both general-purpose and AI servers.
Gross Margin Stability
Gross margin held at 69%, demonstrating the stability of Lattice's business model despite broader market headwinds.
New Product Revenue Growth
Lattice's new product revenue continues to grow year-over-year, with the total number of design wins year-to-date exceeding those in the same period last year.
Strong Cash Flow and Share Buybacks
Operating cash flows more than doubled sequentially, and Lattice continued to return cash to shareholders through share buybacks.
Focus on AI Market
Lattice is focusing on Edge AI, experiencing strong traction in AI servers, laptops, industrial, and automotive applications.
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Lattice Semiconductor (LSCC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

LSCC Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 18, 20252024 (Q4)
0.19 / -
0.45
Nov 04, 20242024 (Q3)
0.24 / 0.24
0.53-54.72% (-0.29)
Jul 29, 20242024 (Q2)
0.24 / 0.23
0.52-55.77% (-0.29)
Apr 29, 20242024 (Q1)
0.28 / 0.29
0.51-43.14% (-0.22)
Feb 12, 20242023 (Q4)
0.45 / 0.45
0.49-8.16% (-0.04)
Oct 30, 20232023 (Q3)
0.52 / 0.53
0.4810.42% (+0.05)
Jul 31, 20232023 (Q2)
0.51 / 0.52
0.4223.81% (+0.10)
May 01, 20232023 (Q1)
0.50 / 0.51
0.3737.84% (+0.14)
Feb 13, 20232022 (Q4)
0.48 / 0.49
0.3253.12% (+0.17)
Oct 31, 20222022 (Q3)
0.44 / 0.48
0.2871.43% (+0.20)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LSCC Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 04, 2024$51.89$51.18-1.37%
Jul 29, 2024$54.96$49.77-9.44%
Apr 29, 2024$76.86$68.60-10.75%
Feb 12, 2024$71.00$72.30+1.83%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does Lattice Semiconductor (LSCC) report earnings?
Lattice Semiconductor (LSCC) is schdueled to report earning on Feb 18, 2025, TBA Not Confirmed.
    What is Lattice Semiconductor (LSCC) earnings time?
    Lattice Semiconductor (LSCC) earnings time is at Feb 18, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is LSCC EPS forecast?
          LSCC EPS forecast for the fiscal quarter 2024 (Q4) is $0.19.
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            Lattice Semiconductor (LSCC) Earnings News

            Lattice (NASDAQ:LSCC) Slides after Weak Q4 Revenues
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            Market News
            Lattice (NASDAQ:LSCC) Slides after Weak Q4 Revenues
            10M ago
            Lattice Semiconductor (NASDAQ:LSCC) Plunges on Soft Q4 Outlook
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            Market News
            Lattice Semiconductor (NASDAQ:LSCC) Plunges on Soft Q4 Outlook
            1y ago
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