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LATTICE SEMICONDUCTOR CORPORATION

(LSCC)
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Lattice: 4Q Earnings Snapshot

02/16/2021 | 04:22pm EDT

HILLSBORO, Ore. (AP) _ Lattice Semiconductor Corp. (LSCC) on Tuesday reported fourth-quarter profit of $16 million.

The Hillsboro, Oregon-based company said it had profit of 11 cents per share. Earnings, adjusted for one-time gains and costs, were 19 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.

The chipmaker posted revenue of $107.2 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $103.3 million.

For the year, the company reported profit of $47.4 million, or 34 cents per share. Revenue was reported as $408.1 million.

For the current quarter ending in April, Lattice said it expects revenue in the range of $106 million to $114 million.

Lattice shares have climbed 6% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $48.63, more than doubling in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LSCC at https://www.zacks.com/ap/LSCC

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

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Financials (USD)
Sales 2021 478 M - -
Net income 2021 77,9 M - -
Net Debt 2021 - - -
P/E ratio 2021 98,2x
Yield 2021 -
Capitalization 7 375 M 7 375 M -
Capi. / Sales 2021 15,4x
Capi. / Sales 2022 13,7x
Nbr of Employees 746
Free-Float 98,4%
Chart LATTICE SEMICONDUCTOR CORPORATION
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Technical analysis trends LATTICE SEMICONDUCTOR CORPORATION
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 10
Last Close Price 54,01 $
Average target price 54,78 $
Spread / Average Target 1,42%
EPS Revisions
Managers and Directors
James R. Anderson President, Chief Executive Officer & Director
Sherri Luther Chief Financial Officer & Vice President
David Jeffrey Richardson Chairman
Stephen Douglass Vice President-Research & Development
Glenn OĺRourke Vice President-Global Operations
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