Lattice Semiconductor Full Year 2024 Earnings: In Line With Expectations

Lattice Semiconductor (NASDAQ:LSCC) Full Year 2024 Results

Key Financial Results

• Revenue: US$509.4m (down 31% from FY 2023).
• Net income: US$61.1m (down 76% from FY 2023).
• Profit margin: 12% (down from 35% in FY 2023).
• EPS: US$0.44 (down from US$1.88 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Lattice Semiconductor Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in the US.

Performance of the American Semiconductor industry.

The company's shares are up 7.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Lattice Semiconductor that we have uncovered.

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