Lattice Semiconductor Corporation (LSCC) Scheduled to Post Quarterly Earnings on Tuesday
Lattice Semiconductor Corporation (NASDAQ:LSCC) will be announcing its earnings results after the market closes on Tuesday, November 7th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter.
Lattice Semiconductor Corporation (NASDAQ:LSCC) last released its earnings results on Tuesday, August 8th. The semiconductor company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.07). Lattice Semiconductor Corporation had a positive return on equity of 3.95% and a negative net margin of 9.50%. The business had revenue of $94.14 million for the quarter, compared to analyst estimates of $105.60 million.
Shares of Lattice Semiconductor Corporation (NASDAQ LSCC) opened at $5.89 on Friday. The company has a current ratio of 2.30, a quick ratio of 1.63 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $724.31, a P/E ratio of 65.44 and a beta of 1.58.
A number of equities analysts have recently weighed in on LSCC shares. Zacks Investment Research raised shares of Lattice Semiconductor Corporation from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 11th. Jefferies Group LLC reduced their price target on shares of Lattice Semiconductor Corporation from $8.30 to $6.50 and set a “hold” rating on the stock in a research report on Thursday, September 14th. ValuEngine cut shares of Lattice Semiconductor Corporation from a “hold” rating to a “sell” rating in a research report on Monday, September 18th. Robert W. Baird reissued a “hold” rating and set a $8.00 price target on shares of Lattice Semiconductor Corporation in a research report on Sunday, September 17th. Finally, BidaskClub cut shares of Lattice Semiconductor Corporation from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 12th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $7.00.
About Lattice Semiconductor Corporation
Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.
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