Lattice Semiconductor Corporation (NASDAQ:LSCC) is set to announce third quarter earning results on Tuesday 27th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, LSCC to report 3Q20 income of $ 0.16 per share.
For the full year, analysts anticipate top line of $ 400.11 million, while looking forward to income of $ 0.63 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 96.00 million ~ $ 106.00 million
Click Here For More Historical Outlooks Of Lattice Semiconductor Corporation
Previous Quarter Performance
Lattice Semiconductor Corporation outlined income for the second quarter of $ 0.17 per share, from the revenue of $ 100.59 million. The quarterly earnings swell 13.33 percent while revenues decreased 1.67 percent compared with the same quarter last year.
According to street consensus, LSCC was expected to report 2Q20 income of $ 0.15 per share from revenue of $ 100.02 million. The bottom line results beat street analysts by $ 0.02 or 13.33 percent, at the same time, top line results outshined analysts by $ 0.57 million or 0.57 percent.
Stock Performance
Shares of Lattice Semiconductor Corporation traded low $ -0.06 or -0.17 percent on Friday, reaching $ 34.72 with volume of 499.10 thousand shares. Lattice Semiconductor Corporation has traded high as $ 34.88 and has cracked $ 34.22 on the downward trend
According to the previous trading day, closing price of $ 34.72, representing a 156.87 % increase from the 52 week low of $ 13.54 and a 1.08 % decrease over the 52 week high of $ 35.16.
The company has a market capital of $ 4.70 billion and is part of the Technology sector and Semiconductors industry.
Conference Call
Lattice Semiconductor Corporation will be hosting a conference call at 5:00 PM eastern time on 27th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.latticesemi.com
Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor technologies in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of five product family lines, including the ECP, MachXO, iCE40, CrossLink, and programmable mixed signal devices. It also provides video connectivity application specific standard products, such as port processors, port controllers, video processors, transmitters, receivers, bridges, and converters for use in mobile phones, UHD TVs, home theater systems, HDMI cable extenders, automotive infotainment, PCs, accessories, projectors, and monitors.
