Lattice Semiconductor Corporation (NASDAQ:LSCC) is reporting second quarter earnings results on Tuesday 28th July 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.15 per share.
For the full year, analysts predict revenues of $ 397.65 million, while looking forward to income of $ 0.60 per share.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 95.00 million ~ $ 105.00 million
Click Here For More Historical Outlooks Of Lattice Semiconductor Corporation
Previous Quarter Performance
Lattice Semiconductor Corporation unveiled income for the first quarter of $ 0.15 per share, from the revenue of $ 97.32 million. The quarterly earnings enlarged 36.36 percent while revenues down 0.78 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.14 per share from $ 98.26 million in revenue. The bottom line results beat street analysts by $ 0.01 or 7.14 percent, at the same time, top line results fell short of analysts by $ 0.94 million or 0.96 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of LSCC was $ 31.64, representing a 133.68 % increase from the 52 week low of $ 13.54 and a 0.47 % decrease over the 52 week high of $ 31.79.
The company has a market capital of $ 4.26 billion and is part of the Technology sector and Semiconductors industry.
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Conference Call
Lattice Semiconductor Corporation will be hosting a conference call at 5:00 PM eastern time on 28th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.latticesemi.com
Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor technologies in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of five product family lines, including the ECP, MachXO, iCE40, CrossLink, and programmable mixed signal devices. It also provides video connectivity application specific standard products, such as port processors, port controllers, video processors, transmitters, receivers, bridges, and converters for use in mobile phones, UHD TVs, home theater systems, HDMI cable extenders, automotive infotainment, PCs, accessories, projectors, and monitors.
