Lattice Semiconductor Corporation (LSCC) Q1 2025 Earnings Call Transcript
Lattice Semiconductor Corporation (NASDAQ:LSCC ) Q1 2025 Earnings Conference Call May 5, 2025 5:00 PM ET Company Participants Rick Muscha - Senior Director of IR Ford Tamer - Chief Executive Officer Lorenzo Flores - Chief Financial Officer Conference Call Participants Melissa Weathers - Deutsche Bank Srini Pajjuri - Raymond James Christopher Rolland - Susquehanna International Group, LLP David Williams - Benchmark Company Ruben Roy - Stifel Nicolaus Gary Mobley - Loop Capital Tristan Gerra - Baird Quinn Bolton - Needham and Company Joshua Buchalter - TD Cowen Ezra Weener - Jefferies Duksan Jang - Bank of America Kevin Garrigan - Rosenblatt Securities Operator Greetings and welcome to the Lattice Semiconductor First Quarter 2025 Earnings Call. At this time all participants are in a listen-only mode.
Lattice Semiconductor (LSCC) Q1 Earnings Meet Estimates
Lattice Semiconductor (LSCC) came out with quarterly earnings of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.29 per share a year ago.
Lattice Semiconductor (LSCC) Just Flashed Golden Cross Signal: Do You Buy?
From a technical perspective, Lattice Semiconductor (LSCC) is looking like an interesting pick, as it just reached a key level of support. LSCC recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
Can Lattice (LSCC) Run Higher on Rising Earnings Estimates?
Lattice (LSCC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
All You Need to Know About Lattice (LSCC) Rating Upgrade to Buy
Lattice (LSCC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Lattice Semiconductor's Market Reset Is Over: The Rebound Begins
It has taken three years for the boom-and-bust cycle brought on by COVID-19, stimulus spending, and supply chain issues to run its course, but it has, and the market reset for Lattice Semiconductor NASDAQ: LSCC is over. Down more than 50% from its peak at the end of 2024, its stock price is in rebound mode in early 2025 and gaining momentum.
Lattice Semiconductor Corporation (LSCC) Q4 2024 Earnings Call Transcript
Lattice Semiconductor Corporation (NASDAQ:LSCC ) Q4 2024 Earnings Conference Call February 10, 2025 5:00 PM ET Company Participants Rick Muscha - Senior Director of IR Ford Tamer - CEO Tonya Stevens - Chief Accounting Officer and Former Interim CFO Lorenzo Flores - CFO Conference Call Participants Melissa Weathers - Deutsche Bank David Williams - The Benchmark Company Ruben Roy - Stifel Nick Doyle - Needham and Company Duksan Jang - Bank of America Joshua Buchalter - TD Cowen Srini Pajjuri - Raymond James Quinn Bolton - Needham and Company Operator Greetings and welcome to the Lattice Semiconductor Fourth Quarter Fiscal Year 2024 Earnings Call. At this time all participants are in a listen-only mode.
Lattice Semiconductor (LSCC) Q4 Earnings Lag Estimates
Lattice Semiconductor (LSCC) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.45 per share a year ago.
Lattice Semiconductor: Poised For A Turnaround In A Challenging Market Environment
Lattice Semiconductor Corporation is set to report Q4 '24 earnings on February 10, 2025, amid a challenging macroeconomic environment and a slower-than-expected recovery in the semiconductor market. New CEO Ford Tamer aims to drive growth while focusing on innovations like the Nexus 2 FPGA platform and expanded mid-range FPGA portfolio. A Potential Altera acquisition could expand Lattice's FPGA footprint by 3x; however, it may make more sense for Altera to IPO and acquire Lattice.
Lattice Has A Challenging Macroeconomic Environment To Overcome
Lattice Semiconductor's Q3'24 earnings were in line with estimates, reporting $127.1 million in revenue and $0.24 EPS. Growth is estimated to be relatively flat going into eFY25. New CEO Ford Tamer aims for 15-20% long-term revenue growth and margin enhancement by focusing on small-to-mid-range FPGAs and reducing costs, including a 14% headcount cut. Despite a -34% revenue decline in Q3'24, Lattice expects gradual recovery and 4% growth and strong free cash flow generation in eFY25, driven by cost-cutting and inventory management.
Lattice Semiconductor Cuts Jobs as Profit and Sales Slump
Lattice Semiconductor (LSCC) shares slid in early trading Tuesday after the company missed profit estimates and said it would slash jobs to cut costs.
Lattice Semiconductor Stock Plunges on Weak Earnings. Why It Could Make a Comeback.
Coming into the session, the shares were up 19% over the past three months, but still 25% lower than where they started the year.
