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Technology Stocks : Semi Equipment Analysis
SOXX 312.18-0.2%4:00 PM EST

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To: Return to Sender who wrote (92214)4/29/2024 4:48:17 PM
From: Return to Sender  Read Replies (2) of 95541
 
Lattice Semi reports EPS in-line, revs in-line; guides Q2 revs below consensus

4:02 PM ET 4/29/24 | Briefing.com

Reports Q1 (Mar) earnings of $0.29 per share, excluding non-recurring items, in-line with the FactSet Consensus of $0.29; revenues fell 23.6% year/year to $140.8 mln vs the $140.19 mln FactSet Consensus. Co issues downside guidance for Q2, sees Q2 revs of $120-140 mln vs. $140.51 mln FactSet Consensus.Gross margin percentage for the second quarter of 2024 is expected to be 69.0% plus or minus 1% on a non-GAAP basis.
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