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Lattice Semiconductor Corp. (LSCC) released a profit for its third quarter that climbed from last year.


RTTNews | Nov 2, 2021 04:48PM EDT

16:47 Tuesday, November 2, 2021 (RTTNews.com) - Lattice Semiconductor Corp. (LSCC) released a profit for its third quarter that climbed from last year.

The company's earnings totaled $26.7 million, or $0.19 per share. This compares with $12.6 million, or $0.09 per share, in last year's third quarter.

Analysts had expected the company to earn $0.24 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 28.1% to $131.9 million from $103.0 million last year.

Lattice Semiconductor Corp. earnings at a glance:

-Earnings (Q3): $26.7 Mln. vs. $12.6 Mln. last year.-EPS (Q3): $0.19 vs. $0.09 last year.-Analysts Estimate: $0.24-Revenue (Q3): $131.9 Mln vs. $103.0 Mln last year.

-Guidance:Next quarter revenue guidance: $129-$139 Mln

Read the original article on RTTNews ( https://www.rttnews.com/3238494/lattice-semiconductor-corp-q3-earnings-rise-but-misses-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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