LSCC Earnings Prediction
The chart below shows how LSCC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LSCC sees a +2.80% change in stock price 10 days leading up to the earnings, and a -0.08% change 10 days following the report. On the earnings day itself, the stock moves by +0.07%. This data can give you a slight idea of what to expect for the next quarter's release.
LSCC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
117.42M
-31.17%
-7.61%
Gross Margin
60.37%
-12.77%
-11.62%
Operating Margin
4.29%
-83.23%
-62.20%
Net Margin
13.92%
-75.94%
145.94%
EPS
0.12
-83.10%
140.00%
No Data Available
LSCC Earnings Analysis
Lattice Semiconductor Corp Corporation (LSCC.O) Earnings Conference Call
Positive
Strong Q4 Revenue Performance: Fourth quarter revenue was $117.4 million, aligning with guidance and reflecting strong demand despite macroeconomic challenges.
Revenue and EBITDA Performance: Full year 2024 revenue reached $509.4 million, with a robust EBITDA margin of 31.8%, showcasing effective cost management and operational efficiency.
Strong Profitability Potential: Non-GAAP gross margin for Q4 was 62.1%, and would have been 68.1% without a one-time charge, indicating strong profitability potential.
Free Cash Flow Improvement: Free cash flow margin increased to 34% in Q4, up from 31% in the previous quarter, demonstrating improved cash generation capabilities.
Share Repurchase Program Update: Share repurchases in Q4 totaled approximately $20 million, marking the 17th consecutive quarter of buybacks, with a new $100 million buyback program approved for 2025.
Negative
Fourth Quarter Revenue Decline: Fourth quarter revenue was $117.4 million, down 8% sequentially from the third quarter and down 31% year-over-year, reflecting continued inventory normalization and macroeconomic softness.
Revenue Decline Overview: Full year 2024 revenue was $509.4 million, down 31% from 2023, with both communications and computing and industrial and automotive segments declining double digits for the year.
Gross Margin Analysis: Q4 non-GAAP gross margin was 62.1%, including a $7 million one-time charge; without this charge, the gross margin would have been 68.1%, indicating significant impact from the charge.
Earnings Impact Analysis: Non-GAAP diluted earnings per share for the full year 2024 was $0.90, which would have been $0.95 without the $7 million one-time charge in Q4, highlighting the negative effect of this charge on earnings.
Workforce Reduction Challenges: A 14% workforce reduction was implemented in Q3 to align resources with current business levels, indicating challenges in maintaining operational efficiency and demand.
LSCC FAQs
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LSCC Earning Call Sentiment
Lattice Semiconductor Corporation (NASDAQ:LSCC) Q4 2024 Earnings Call Transcript
LSCC.O
7.31%Positive
The earnings call presents a positive outlook, with strong financial metrics, efficient expense management, and promising growth in automotive and industrial sectors. The company's focus on AI and partnerships with major players like NVIDIA and Amazon further supports a positive sentiment. The consistent share buybacks and improved free cash flow margin also contribute positively. Despite some vague responses, the overall sentiment is optimistic, indicating a likely stock price increase.
