US5184151042 - Common Stock
Stay updated with the stocks that are on the move in today's after-hours session.
Semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 33.9% year on year to $127.1 million. On the other hand, next quarter’s revenue guidance of $117 million was less impressive, coming in 11.4% below analysts’ estimates. Its non-GAAP profit of $0.24 per share was 1.5% above analysts’ consensus estimates.
Semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) will be announcing earnings results tomorrow after market hours. Here’s what to look for.
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the processors and graphics chips industry, including Broadcom (NASDAQ:AVGO) and its peers.
Amid a downbeat earnings season for most semiconductor stocks, Monolithic Power had one of the better quarterly reports. MPWR stock rose.
Apple and Meta had strong results, while AI spending remains robust.
Investors were disappointed with Lattice's declining revenue and earnings.