- Lattice Semiconductor‘s first quarter adjusted earnings per share (EPS) matched estimates at 22 cents, though this was a decrease from the previous year’s 29 cents.
- The company reported a revenue of $120.2 million, which reflects a 15% year-over-year decline but was in line with the estimate of $120.1 million.
- Research and Development expenses rose by 2% year-over-year to $41.4 million, exceeding the estimate of $36.5 million.
- Adjusted gross margin remained steady at 69%, matching both the prior year and the estimate.
- Adjusted operating margin decreased to 26.2%, down from 30% in the previous year.
- For the second quarter of 2025, the company forecasts revenue to be between $118.5 million and $128.5 million, compared to the estimate of $123.7 million.
- Total operating expenses for the second quarter are projected to be between $50.5 million and $52.5 million on a non-GAAP basis.
- The expected gross margin percentage for the second quarter is around 69%, with a possible variance of plus or minus 1% on a non-GAAP basis.
- The income tax rate for the second quarter is anticipated to be between 5% and 6% on a non-GAAP basis.
- Key growth drivers include new applications in generative AI, robotics, automotive systems, AR/VR, security (including post-quantum cryptography), and far edge AI for lower power applications.
- The company remains cautiously optimistic about its progress but is monitoring market conditions that could influence its future outlook.
- Analyst recommendations for Lattice Semiconductor include 12 buy ratings, 1 hold, and 1 sell.
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Lattice Semiconductor on Smartkarma
Analysts on Smartkarma are closely following Lattice Semiconductor, sharing insights on the company’s performance and strategic direction for the third quarter of 2024. Baptista Research, in a report titled “Lattice Semiconductor Corporation: Can It Capitalize On The Advancements in Far Edge AI Applications?”, highlighted the company’s revenue of $127.1 million, indicating progress in specific segments despite industry-wide challenges.
In another report by the same provider, titled “Lattice Semiconductor Corporation: Its Efforts Towards Traction in AI & Data Center Markets Paying Off? – Major Drivers,” similar positive sentiment was echoed regarding Lattice Semiconductor‘s financial performance. Analyst Douglas O’Laughlin also expressed optimism on the company’s long-term prospects, referring to it as a “Standard kitchen sink” stock that he likes over the long run.
A look at Lattice Semiconductor Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
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
Based on the Smartkarma Smart Scores analysis, Lattice Semiconductor appears to have a moderately positive long-term outlook. With a Value score of 2 and a Dividend score of 1, the company may not be seen as a strong performer in terms of these factors. However, Lattice Semiconductor shows promising scores in Growth (3), Resilience (4), and Momentum (3). This indicates that the company may have good potential for growth and has the ability to withstand market fluctuations. Investors may want to keep an eye on Lattice Semiconductor as it continues to develop and market high-speed programmable logic devices.
Lattice Semiconductor Corporation focuses on designing, developing, and marketing high-speed programmable logic devices. Their products are tailored to provide electronic systems customers with easily configured components for various industries, including communication, computing, industrial, and military systems. With a blend of moderate scores across different factors, Lattice Semiconductor shows a balanced outlook in terms of value, growth potential, resilience, and momentum. Investors looking for a company with steady growth prospects may find Lattice Semiconductor worth considering in their long-term investment strategy.
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.
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