Lattice Semiconductor Third Quarter 2024 Earnings: EPS Misses Expectations

Simply Wall St.11-06

Lattice Semiconductor (NASDAQ:LSCC) Third Quarter 2024 Results Key Financial Results Revenue: US$127.1m (down 34% from 3Q 2023). Net income: US$7.19m (down 87% from 3Q 2023). Profit margin: 5.7% (...

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The decrease in margin was driven by lower revenue.NasdaqGS:LSCC Earnings and Revenue Growth November 6th 2024. All figures shown in the chart above are for the trailing 12 month  period. Revenue was in line with analyst estimates. Earnings per share  missed analyst estimates by 68%.Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in the US.The company's shares are down 7.8% from a week ago.Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Lattice Semiconductor's balance sheet.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"LSCC":"莱迪思半导体"},"translate_title":"莱迪思半导体2024年第三季度收益：每股收益未达预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LSCC":1},"content_text":"Lattice Semiconductor (NASDAQ:LSCC) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$127.1m (down 34% from 3Q 2023).\nNet income: US$7.19m (down 87% from 3Q 2023).\nProfit margin: 5.7% (down from 28% in 3Q 2023). The decrease in margin was driven by lower revenue.\nEPS: US$0.052 (down from US$0.39 in 3Q 2023).\n\n\n\n\n  NasdaqGS:LSCC Earnings and Revenue Growth November 6th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nLattice Semiconductor EPS Misses Expectations\n Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 68%. \n Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in the US. \nPerformance of the American Semiconductor industry.\n The company's shares are down 7.8% from a week ago. \nBalance Sheet Analysis\n Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Lattice Semiconductor's balance sheet. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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