Lattice Semiconductor Projects Strong Start for 2025

Published 42 minutes agoLSCC

Lattice Semiconductor Projects Strong Start for 2025

Lattice Semiconductor Corporation has laid out strong expectations for the first quarter of 2025, driven by the development and launch of new products. The company has forecasted revenues for Q1 2025 to range between $115 million and $125 million. These numbers are supported by new product momentum, particularly the introduction of Nexus and Avant, which are expected to contribute significantly to revenue growth, according to information on marketscreener.com.

The company anticipates keeping its gross margin around 69%, with a slight variance of plus or minus 1%. Operating expenses are projected to be between $50 million and $52 million. Non-GAAP earnings per share are expected to range from $0.20 to $0.24, as reported by TipRanks. Additionally, Lattice Semiconductor has taken measures to improve operational efficiency, including a 14% reduction in workforce and operating expenses.

In terms of strategic focus, Lattice Semiconductor is investing in its computing segment, fueled by strong demand in areas like AI and general-purpose servers. To further enhance shareholder value, the company has announced a $100 million share buyback program for 2025. These efforts reflect Lattice's ongoing commitment to driving innovation and enhancing profitability in the coming year.

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