Lattice Semiconductor Corporation (NASDAQ:LSCC) issued its quarterly earnings results on Wednesday. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by $0.03. Lattice Semiconductor Corporation had a negative return on equity of 5.57% and a negative net margin of 22.28%. The business had revenue of $118.10 million for the quarter, compared to analyst estimates of $126.70 million. During the same quarter last year, the firm earned ($0.04) earnings per share.

Lattice Semiconductor Corporation (NASDAQ:LSCC) opened at 6.86 on Friday. Lattice Semiconductor Corporation has a 52 week low of $4.89 and a 52 week high of $7.99. The company has a 50 day moving average price of $7.15 and a 200-day moving average price of $6.75. The firm’s market capitalization is $831.11 million.

Earnings History for Lattice Semiconductor Corporation (NASDAQ:LSCC)

Hedge funds and other institutional investors have recently bought and sold shares of the company. Granite Point Capital Management L.P. purchased a new position in Lattice Semiconductor Corporation during the second quarter worth about $1,368,000. Quentec Asset Management LLC increased its position in Lattice Semiconductor Corporation by 2.4% in the second quarter. Quentec Asset Management LLC now owns 2,061,211 shares of the company’s stock worth $11,028,000 after buying an additional 48,800 shares during the last quarter. Lombard Odier Asset Management USA Corp purchased a new position in Lattice Semiconductor Corporation during the second quarter worth about $2,992,000. Schwab Charles Investment Management Inc. increased its position in Lattice Semiconductor Corporation by 1.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 401,184 shares of the company’s stock worth $2,147,000 after buying an additional 7,212 shares during the last quarter. Finally, Royal Bank of Canada increased its position in Lattice Semiconductor Corporation by 11.4% in the second quarter. Royal Bank of Canada now owns 25,728 shares of the company’s stock worth $138,000 after buying an additional 2,626 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

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A number of research analysts have recently commented on the company. Robert W. Baird reiterated a “neutral” rating and set a $8.00 price target on shares of Lattice Semiconductor Corporation in a report on Thursday, November 3rd. Jefferies Group LLC lowered Lattice Semiconductor Corporation from a “buy” rating to a “hold” rating in a report on Friday, November 4th. Finally, Zacks Investment Research upgraded Lattice Semiconductor Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, January 10th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Lattice Semiconductor Corporation has a consensus rating of “Hold” and an average price target of $7.00.

About Lattice Semiconductor Corporation

Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.

5 Day Chart for NASDAQ:LSCC

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