News Alert: Lattice Semiconductor Corporation (NASDAQ: LSCC)

On Friday, Shares of Lattice Semiconductor Corporation (NASDAQ: LSCC) rose 0.08% to $12.78. The stock traded total volume of 2,092,693 shares lower than the average volume of 2.10M shares.

Lattice Semiconductor Corp. (LSCC) stated a loss of $7.10M in its fourth quarter. On a per-share basis, the Portland, Oregon-based company said it had a loss of 5 cents. Earnings, adjusted for one-time gains and costs, came to 8 cents per share. The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 8 cents per share.

The chipmaker posted revenue of $96.0M in the period.

For the year, the company stated that its loss narrowed to $26.30M, or 21 cents per share. Revenue was stated as $398.80M.

For the current quarter ending in April, Lattice said it anticipates revenue in the range of $94.0M to $98.0M.

LSCC has the market capitalization of $1.68B and its EPS growth ratio for the past five years was -25.30%. The return on assets ratio of the Company was -4.20% while its return on investment ratio stands at -1.10%. Price to sales ratio was 4.22 while 87.90% of the stock was owned by institutional investors.

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Edith Slocum

I am Edith Slocum and I have over 16 years experience in the financial services industry giving me a vast understanding of how news affects the financial markets. I am an active day trader spending the majority of my time analyzing earnings reports and watching commodities and derivatives. I have a Masters Degree in Economics from Westminster University with previous roles counting Investment Banking. <strong>Address:</strong> 4510 Sigley Road, Salina, KS 67401, USA <strong>Phone:</strong> (+1) 785-534-9610 <strong>Email:</strong> [email protected]

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