- Lattice Semiconductor reported an adjusted EPS of 15 cents for Q4, which is below the previous year’s 45 cents and also missed the estimate of 19 cents.
- Revenue for the fourth quarter was $117.4 million, which represents a 31% decline year-over-year; however, it slightly surpassed the estimate of $117.1 million.
- Research and Development expenses decreased by 3% year-over-year to $38.6 million, beating the estimate of $40.4 million.
- For the first quarter of 2025, Lattice Semi forecasts revenue in the range of $115 million to $125 million, compared to an estimate of $118.8 million.
- Total operating expenses for Q1 2025 are expected to be between $50 million and $52 million on a non-GAAP basis.
- The company anticipates an income tax rate of 5% to 6% for the first quarter of 2025 on a non-GAAP basis.
- Management has noted signs of improvement in the market, with a stronger backlog and improved book-to-bill ratio signaling positive prospects for the business.
- Following the announcement, shares of Lattice Semi rose by 6.5% in post-market trading, reaching $58.00 with 7,017 shares exchanged.
- Current stock recommendations include 10 buys, 1 hold, and 1 sell.
Lattice Semiconductor on Smartkarma
On Smartkarma, independent analysts like Baptista Research and Douglas O’Laughlin are actively covering Lattice Semiconductor. Baptista Research recently published a report examining Lattice Semiconductor‘s performance in AI and data center markets, noting positive traction. The company’s third-quarter financial results, with $127.1 million in revenue, aligned with expectations despite industry challenges. Meanwhile, Douglas O’Laughlin expressed bullish sentiment on Lattice Semiconductor in a separate report, emphasizing long-term potential and highlighting the leadership of CEO Ford Tamer, known for success in the semiconductor industry.
A look at Lattice Semiconductor Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts utilizing the Smartkarma Smart Scores for Lattice Semiconductor have painted a positive long-term outlook for the company. With strong scores in Growth, Resilience, and Momentum, Lattice Semiconductor is positioned well for future success. A key highlight is the Growth score of 4, indicating promising prospects for expansion and development in the coming years.
Lattice Semiconductor Corporation specializes in designing and marketing high-speed programmable logic devices. Their focus on quick design and easily configurable components has attracted customers in various industries including communication, computing, industrial, and military systems. With solid scores in key factors such as Resilience and Momentum, the company is anticipated to maintain its competitive edge and potentially achieve sustained growth in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
