Lattice Semiconductor beats Q2 revenue estimates
Overview
Lattice Semiconductor fiscal Q2 rev beats analyst expectations, per LSEG data
Adjusted EPS for fiscal Q2 meets analyst estimates, per LSEG data
Co highlights broad-based growth and record design wins
Outlook
Lattice expects Q3 2025 revenue between $128 mln and $138 mln
Company anticipates Q3 2025 non-GAAP gross margin around 69.5%
Lattice forecasts Q3 2025 net income per share between $0.26 and $0.30
Company sees continued strength in communications and computing markets
Result Drivers
BROAD-BASED GROWTH - Co attributes Q2 performance to broad-based growth across key financial metrics and record design wins
MARKET RECOVERY - Industrial and automotive markets are recovering, with channel inventory levels improving
AI ACCELERATORS - Future growth expected from major design wins alongside AI accelerators in Cloud datacenter, wired communications, industrial robotics, ADAS, and other far-edge AI applications
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $123.97 mln | $123.60 mln (13 Analysts) |
Q2 Adjusted EPS | Meet | $0.24 | $0.24 (13 Analysts) |
Q2 EPS | $0.02 | ||
Q2 Net Income | $2.91 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the semiconductors peer group is "buy"
Wall Street's median 12-month price target for Lattice Semiconductor Corp is $63.00, about 22.2% above its August 1 closing price of $48.99
The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 40 three months ago
Press Release:
