Lattice Semiconductor: Q4 Disappoints, Future Growth Eyed

Lattice Semiconductor Reports Disappointing Q4 FY2023 Results, Misses Sales Expectations

Lattice Semiconductor (NASDAQ:LSCC) reported disappointing Q4 FY2023 results, with a 3% decline in revenue to $170.6 million, missing sales expectations. The company’s guidance for Q1 2024, forecasting revenue of $140 million, fell significantly short of analyst predictions, deviating by 19.7%. However, Lattice Semiconductor managed to achieve a stable non-GAAP earnings per share (EPS) of $0.45, reflecting a slight decrease from the previous year’s same quarter.