Lattice Semiconductor (LSCC) shares jumped 11.9% after reporting Q2 results that met expectations and providing an upbeat forecast for Q3, driven by strong growth in its data center business. The company posted revenue of $124 million and adjusted earnings of $0.24 per share, with its Communications and Compute segments expanding 20%. Lattice projected revenue between $128 million and $138 million for Q3. The stock is volatile and has had 28 moves greater than 5% over the last year, but the recent move is significant, impacting the market's perception of the business.
Lattice Semiconductor (LSCC) shares jumped 11.9% after reporting Q2 results that met expectations and providing an upbeat forecast for Q3. The company posted revenue of $124 million and adjusted earnings of $0.24 per share, with its Communications and Compute segments expanding 20%. Lattice projected revenue between $128 million and $138 million for Q3.
The company's Q2 performance was in line with Wall Street's expectations, with revenue flat year-on-year and adjusted earnings per share (EPS) matching analyst estimates. Lattice's adjusted EBITDA of $42.23 million beat expectations by 4.9%. The company's free cash flow margin improved to 25.2% from 11.9% in the previous quarter, indicating improved operational efficiency [1].
Looking ahead, Lattice Semiconductor expects revenue to grow between 16.9% and 20.9% over the next 12 months, driven by strong growth in its data center business. The company's CEO, Ford Tamer, highlighted growth driven by major design wins and AI accelerators in Cloud datacenter, wired communications, industrial robotics, ADAS, and other far-edge AI applications [1].
However, the stock remains volatile, with 28 moves greater than 5% over the last year. The recent move is significant, impacting the market's perception of the business. While the company's Q2 results were in line with expectations, the market seemed to be hoping for more, and the stock traded down 2.2% to $47.70 immediately following the results [1].
References:
[1] http://business.inyoregister.com/inyoregister/article/stockstory-2025-8-4-no-surprises-in-lattice-semiconductors-nasdaqlscc-q2-sales-numbers
[2] https://ca.finance.yahoo.com/news/earnings-watch-lattice-semiconductor-lscc-030110826.html
[3] https://finance.yahoo.com/news/no-surprises-lattice-semiconductor-nasdaq-201558350.html
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