Lattice Semiconductor Corporation (LSCC) Expected to Announce Quarterly Sales of $94.10 Million

Wall Street brokerages expect Lattice Semiconductor Corporation (NASDAQ:LSCC) to announce $94.10 million in sales for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Lattice Semiconductor Corporation’s earnings. Lattice Semiconductor Corporation posted sales of $113.23 million during the same quarter last year, which suggests a negative year-over-year growth rate of 16.9%. The business is scheduled to report its next earnings results on Monday, November 6th.

On average, analysts expect that Lattice Semiconductor Corporation will report full year sales of $94.10 million for the current fiscal year, with estimates ranging from $392.82 million to $394.10 million. For the next financial year, analysts anticipate that the company will post sales of $413.20 million per share, with estimates ranging from $400.00 million to $426.40 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that cover Lattice Semiconductor Corporation.

Lattice Semiconductor Corporation (NASDAQ:LSCC) last announced its quarterly earnings data on Tuesday, August 8th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.07). The company had revenue of $94.14 million for the quarter, compared to analysts’ expectations of $105.60 million. Lattice Semiconductor Corporation had a negative net margin of 9.50% and a positive return on equity of 3.95%.

LSCC has been the subject of a number of research analyst reports. Jefferies Group LLC reduced their target price on Lattice Semiconductor Corporation from $8.30 to $6.50 and set a “hold” rating for the company in a research note on Thursday, September 14th. ValuEngine lowered Lattice Semiconductor Corporation from a “hold” rating to a “sell” rating in a research note on Monday, September 18th. Robert W. Baird restated a “hold” rating and issued a $8.00 target price on shares of Lattice Semiconductor Corporation in a research note on Sunday, September 17th. BidaskClub lowered Lattice Semiconductor Corporation from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 12th. Finally, Craig Hallum restated a “hold” rating and issued a $6.00 target price (down previously from $8.30) on shares of Lattice Semiconductor Corporation in a research note on Thursday, September 14th. Three equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $6.83.

Lattice Semiconductor Corporation (NASDAQ LSCC) remained flat at $5.47 during mid-day trading on Tuesday. The company’s stock had a trading volume of 48,594 shares. The firm’s 50-day moving average is $5.51 and its 200-day moving average is $6.44. The firm’s market capitalization is $672.65 million. Lattice Semiconductor Corporation has a 12-month low of $5.05 and a 12-month high of $7.99.

A number of institutional investors and hedge funds have recently made changes to their positions in LSCC. Amalgamated Bank grew its position in Lattice Semiconductor Corporation by 7.5% during the 2nd quarter. Amalgamated Bank now owns 15,815 shares of the semiconductor company’s stock worth $105,000 after purchasing an additional 1,102 shares during the period. Quantitative Systematic Strategies LLC acquired a new stake in shares of Lattice Semiconductor Corporation during the 2nd quarter valued at about $107,000. BNP Paribas Arbitrage SA grew its position in shares of Lattice Semiconductor Corporation by 723.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 20,608 shares of the semiconductor company’s stock valued at $137,000 after acquiring an additional 18,105 shares during the period. Principal Financial Group Inc. grew its position in shares of Lattice Semiconductor Corporation by 2.3% during the 1st quarter. Principal Financial Group Inc. now owns 22,916 shares of the semiconductor company’s stock valued at $159,000 after acquiring an additional 510 shares during the period. Finally, FNY Partners Fund LP grew its position in shares of Lattice Semiconductor Corporation by 100.8% during the 2nd quarter. FNY Partners Fund LP now owns 25,900 shares of the semiconductor company’s stock valued at $172,000 after acquiring an additional 13,000 shares during the period. 87.78% of the stock is currently owned by institutional investors.

TRADEMARK VIOLATION NOTICE: “Lattice Semiconductor Corporation (LSCC) Expected to Announce Quarterly Sales of $94.10 Million” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another domain, it was copied illegally and republished in violation of United States & international copyright legislation. The original version of this news story can be viewed at https://ledgergazette.com/2017/10/10/lattice-semiconductor-corporation-lscc-expected-to-announce-quarterly-sales-of-94-10-million.html.

About Lattice Semiconductor Corporation

Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.

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On average, analysts expect that Lattice Semiconductor Corporation will report full year sales of $94.10 million for the current fiscal year, with estimates ranging from $392.82 million to $394.10 million. For the next financial year, analysts anticipate that the company will post sales of $413.20 million per share, with estimates ranging from $400.00 million to $426.40 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that cover Lattice Semiconductor Corporation.

Lattice Semiconductor Corporation (NASDAQ:LSCC) last announced its quarterly earnings data on Tuesday, August 8th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.07). The company had revenue of $94.14 million for the quarter, compared to analysts’ expectations of $105.60 million. Lattice Semiconductor Corporation had a negative net margin of 9.50% and a positive return on equity of 3.95%.

LSCC has been the subject of a number of research analyst reports. Jefferies Group LLC reduced their target price on Lattice Semiconductor Corporation from $8.30 to $6.50 and set a “hold” rating for the company in a research note on Thursday, September 14th. ValuEngine lowered Lattice Semiconductor Corporation from a “hold” rating to a “sell” rating in a research note on Monday, September 18th. Robert W. Baird restated a “hold” rating and issued a $8.00 target price on shares of Lattice Semiconductor Corporation in a research note on Sunday, September 17th. BidaskClub lowered Lattice Semiconductor Corporation from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 12th. Finally, Craig Hallum restated a “hold” rating and issued a $6.00 target price (down previously from $8.30) on shares of Lattice Semiconductor Corporation in a research note on Thursday, September 14th. Three equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $6.83.

Lattice Semiconductor Corporation (NASDAQ LSCC) remained flat at $5.47 during mid-day trading on Tuesday. The company’s stock had a trading volume of 48,594 shares. The firm’s 50-day moving average is $5.51 and its 200-day moving average is $6.44. The firm’s market capitalization is $672.65 million. Lattice Semiconductor Corporation has a 12-month low of $5.05 and a 12-month high of $7.99.

A number of institutional investors and hedge funds have recently made changes to their positions in LSCC. Amalgamated Bank grew its position in Lattice Semiconductor Corporation by 7.5% during the 2nd quarter. Amalgamated Bank now owns 15,815 shares of the semiconductor company’s stock worth $105,000 after purchasing an additional 1,102 shares during the period. Quantitative Systematic Strategies LLC acquired a new stake in shares of Lattice Semiconductor Corporation during the 2nd quarter valued at about $107,000. BNP Paribas Arbitrage SA grew its position in shares of Lattice Semiconductor Corporation by 723.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 20,608 shares of the semiconductor company’s stock valued at $137,000 after acquiring an additional 18,105 shares during the period. Principal Financial Group Inc. grew its position in shares of Lattice Semiconductor Corporation by 2.3% during the 1st quarter. Principal Financial Group Inc. now owns 22,916 shares of the semiconductor company’s stock valued at $159,000 after acquiring an additional 510 shares during the period. Finally, FNY Partners Fund LP grew its position in shares of Lattice Semiconductor Corporation by 100.8% during the 2nd quarter. FNY Partners Fund LP now owns 25,900 shares of the semiconductor company’s stock valued at $172,000 after acquiring an additional 13,000 shares during the period. 87.78% of the stock is currently owned by institutional investors.

TRADEMARK VIOLATION NOTICE: “Lattice Semiconductor Corporation (LSCC) Expected to Announce Quarterly Sales of $94.10 Million” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another domain, it was copied illegally and republished in violation of United States & international copyright legislation. The original version of this news story can be viewed at https://ledgergazette.com/2017/10/10/lattice-semiconductor-corporation-lscc-expected-to-announce-quarterly-sales-of-94-10-million.html.

About Lattice Semiconductor Corporation

Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.

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Earnings History and Estimates for Lattice Semiconductor Corporation (NASDAQ:LSCC)

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