Lattice Semiconductor Corporation (LSCC)
Lattice Semiconductor Tumbles. Auto and Industrial Demand Hasn't Bottomed.
Management said demand remains weak from those two end markets.
Lattice Semiconductor Corporation (LSCC) Q2 2024 Earnings Call Transcript
Lattice Semiconductor Corporation (NASDAQ:LSCC ) Q2 2024 Earnings Conference Call July 29, 2024 5:00 PM ET Company Participants Rick Muscha - Vice President of Investor Relations Esam Elashmawi - Interim Chief Executive Officer Sherri Luther - Chief Financial Officer Conference Call Participants David Williams - Benchmark Ruben Roy - Stifel John Vinh - KeyBanc Capital Markets Matt Ramsey - TD Cowen Melissa Weathers - Deutsche Bank Quinn Bolton - Needham Christopher Rolland - Susquehanna International Group Tristan Gerra - Robert W. Baird Srini Pajjuri - Raymond James Operator Greetings.
Lattice Semiconductor (LSCC) Q2 Earnings and Revenues Miss Estimates
Lattice Semiconductor (LSCC) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.52 per share a year ago.
3 Artificial Intelligence Stocks Set to Mint New Millionaires
Are you interested in AI but don't know where to start? I can't blame you.
Lattice Semiconductor Experienced A Selloff By Association
Lattice Semiconductor experienced a decline in share price, which, I believe, was the result of Dell's Q1 '25 earnings release. Despite the headwinds in communications and industrials & automotive, Lattice should realize tailwinds from the legacy server refresh cycle and AI infrastructure implementation. LSCC is bringing their next line of Avant chips to the market in 2H24, which should be accretive to revenue beginning in 2025.
Will Coherent Stock Rebound To Levels Of Around $100 Seen In 2021?
The stock price of Coherent Inc. (NYSE: COHR), a semiconductor company, trades at $70 per share, about 30% below its peak level of $100 seen in February 2021. In contrast, Lattice Semiconductor (NASDAQ: LSCC) stock saw a 15% decline.
Is the Options Market Predicting a Spike in Lattice Semiconductor (LSCC) Stock?
Investors need to pay close attention to Lattice Semiconductor (LSCC) stock based on the movements in the options market lately.
