Why Did Lattice Semiconductor Stock Plunge On Tuesday?
1. LSCC reported earnings of 22 cents per share, meeting estimates. 2. Quarterly revenue decreased to $120.15 million but still beat estimates. 3. Analysts maintain a Buy rating despite a stock decline of 12.7%. 4. Management anticipates low single-digit revenue growth in 2025. 5. 80% of revenue is from outside the US, mitigating tariff impacts.