Lattice Semiconductor meets Q3 expectations but shares drop 5.5% on disappointing Q4 guidance.

From Investing.com: 2024-11-04 16:05:05

Lattice Semiconductor Corporation met Q3 earnings expectations but saw shares drop 5.5% after hours due to disappointing Q4 guidance. Q3 adjusted EPS was $0.24, revenue was $127.1 million, slightly beating estimates. Q4 revenue forecast is $112-122 million, below the $132.1 million consensus. CEO Ford Tamer remains optimistic about long-term prospects despite near-term challenges.



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