Lattice: Q1 Earnings Snapshot
By Ap News
Published - Apr 29, 2024, 04:12 PM ET
Last Updated - Apr 29, 2024, 04:12 PM EDT
HILLSBORO, Ore. (AP) — HILLSBORO, Ore. (AP) — Lattice Semiconductor Corp. (LSCC) on Monday reported first-quarter earnings of $14.8 million.
The Hillsboro, Oregon-based company said it had net income of 11 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 29 cents per share.
The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 29 cents per share.
The chipmaker posted revenue of $140.8 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $140.1 million.
