Lattice Semiconductor Disappoints in Q4 FY2023

Lattice Semiconductor Misses Analyst Expectations in Q4 FY2023, Revenue Down 3%

Lattice Semiconductor (NASDAQ:LSCC) reported disappointing results for the fourth quarter of FY2023, falling short of analysts’ expectations. The company’s revenue declined by 3% year on year to $170.6 million. Additionally, the revenue guidance for the next quarter also underwhelmed, coming in 19.7% below analysts’ estimates at $140 million.