Lattice Semiconductor Corporation (LSCC)
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.
Lattice Semiconductor Corporation (LSCC) Q3 2024 Earnings Call Transcript
Lattice Semiconductor Corporation (NASDAQ:LSCC ) Q3 2024 Earnings Call Transcript November 4, 2024 5:00 PM ET Company Participants Rick Muscha - Senior Director of IR Ford Tamer - CEO Tonya Stevens - Interim CFO Conference Call Participants Tristan Gerra - Robert W. Baird Melissa Weathers - Deutsche Bank Christopher Rolland - Susquehanna International Group Quinn Bolton - Needham and Company Srini Pajjuri - Raymond James Ruben Roy - Stifel Joshua Buchalter - TD Cowen Duksan Jang - Bank of America David Williams - Benchmark Company Operator Greetings and welcome to the Lattice Semiconductor Third Quarter 2024 Earnings Conference Call.
Lattice Semiconductor (LSCC) Matches Q3 Earnings Estimates
Lattice Semiconductor (LSCC) came out with quarterly earnings of $0.24 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.53 per share a year ago.
LSCC Plunges 29% Year to Date: How Should You Play the Stock?
Lattice Semiconductor's recent portfolio enhancements make the stock lucrative, despite stretched valuations and high-level of inventories with customers.
Lattice Semiconductor Stock Falls Following Q2 Results
Lattice fell short on second-quarter revenue and earnings estimates. Management said its slowdown stems from the cyclical semiconductor industry.
Lattice Semiconductor Tumbles As Industrial Sales Weigh
Shares of Lattice Semiconductor (LSCC) slid Tuesday, a day after the company reported second-quarter sales below estimates.
These Analysts Slash Their Forecasts On Lattice Semiconductor After Downbeat Earnings
Lattice Semiconductor Corporation LSCC reported worse-than-expected second-quarter financial results and issued weak third-quarter revenue guidance on Monday.
