Semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) in Q4 CY2024, but sales fell by 31.2% year on year to $117.4 million. The company expects next quarter’s revenue to be around $120 million, coming in 1.

Key Takeaways Shares of Lattice Semiconductor jumped on Tuesday, a day after the company announced a new finance chief and issued its fourth-quarter results.Sales narrowly beat estimates while profits fell short,

What Happened? Shares of semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) jumped 15.8% in the pre-market session after the company reported impressive fourth-quarter results, which revealed a big improvement in inventory levels and a stronger-than-expected sales outlook for the next quarter.

Benchmark analyst David Williams increased the price target for Lattice (OTC:LTTC) Semiconductor (NASDAQ:LSCC) shares to $65 from the previous $55 while maintaining a Buy rating on the stock. Williams cited a record level of design wins and continued momentum across the company's Avant and Nexus product families as key factors for the raised target.

Semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) will be reporting results tomorrow afternoon. Here’s what to expect. Lattice Semiconductor met analysts’ revenue expectations last quarter, reporting revenues of $127.