News Digest / Ticker: LSCC

Ticker: LSCC

08:14am, Tuesday, Jul 30, 2024

Lattice Semiconductor Shares Plummet 15% on Disappointing Q2 Results: What Investors Should Know

Lattice Semiconductor (NASDAQ: LSCC) slid over 15% in premarket trading after disappointing Q2 results, with earnings of $0.23 and revenue of $124.1 million missing estimates. Analysts remain optimistic for 2025-2026, citing cyclic headwinds and a stable gross margin.