Lattice Semiconductor Analysts Boost Their Forecasts After Q3 Earnings
Analysts' upgrades and strong earnings results could positively influence investor sentiment and stock price.
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Analysts' upgrades and strong earnings results could positively influence investor sentiment and stock price.
What happened, with direct paths to the underlying reporting
LSCC reported Q3 earnings of 28 cents per share, meeting estimates. Sales of $133.35 million exceeded the expected $133.03 million. Q4 adjusted EPS projected between 30-34 cents, estimates at 32 cents. Analysts raised price targets, indicating bullish sentiment for LSCC. CEO highlights broad-based growth and profitability expansion.
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