Lattice Semiconductor Corp reports results for the quarter ended June 30 - Earnings Summary

• Lattice Semiconductor Corp LSCC reported quarterly adjusted earnings of 24 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 24 cents per share. 24 cents per share.

• Revenue fell 0.1% to $123.97 million from a year ago; analysts expected $123.64 million.

• Lattice Semiconductor Corp's reported EPS for the quarter was 2 cents​.

• The company reported quarterly net income of $2.91 million.

• Lattice Semiconductor Corp shares had held steady so far this quarter and lost 13.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy"

• Wall Street's median 12-month price target for Lattice Semiconductor Corp is $63.00, about 22.2% above its last closing price of $48.99

This summary was machine generated from LSEG data August 4 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)