NASDAQ$LSCC
Lattice Semiconductor Corp · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Lattice Semiconductor reported Q4 FY24 revenue of $117.4 million, a 31.2% decline YoY. GAAP EPS was $0.12, while non-GAAP EPS stood at $0.15. Net income declined sharply YoY, and the company faced a one-time charge of $7 million related to assembly and test operations. Free cash flow was $39.7 million, representing a margin of 33.8%.
Headline financials
Revenue & EPS history
Lattice · Revenue · Quarterly
$117M
Forward guidance
Lattice Semiconductor expects Q1 FY25 revenue between $115M and $125M, with non-GAAP gross margin of approximately 69%. Operating expenses are projected to be between $50M and $52M, and non-GAAP net income per share is expected to be between $0.20 and $0.24.
Tailwinds
- Revenue guidance indicates potential stabilization
- Maintaining strong gross margin of ~69%
- Continued investment in product innovation
- Stronger backlog and improved book-to-bill ratio
- Ongoing cost management efforts reducing operating expenses
Headwinds
- Decline in YoY revenue and net income
- Headwinds in industrial and automotive markets
- One-time charge impacting Q4 margins
- Increased R&D and SG&A expenses impacting profitability
- Macroeconomic uncertainty affecting demand
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+1.8%
Avg return
Earnings day
+2.9%
Avg return
5 days after
+4.5%
Avg return
30 days after
56%
35 / 63 earnings
Positive
+33.3%
Q4 2018
Best reaction
-20.7%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.7% | +1.3% | +20.9% | |
| Q4 2025 | +16.3% | +7.3% | -5.7% | |
| Q3 2025 | -13.1% | -12.8% | +4.1% | |
| Q1 2025 | -10.3% | -5.4% | -10.5% | |
| Q4 2024 | +7.7% | +18.3% | +6.4% | |
| Q3 2024 | -2.1% | +4.3% | +13.6% | |
| Q2 2024 | -9.6% | -18.1% | -15.9% | |
| Q1 2024 | -7.1% | -4.0% | +3.2% | |
| Q4 2023 | +3.7% | +5.0% | +11.8% | |
| Q3 2023 | -20.7% | -17.8% | -15.8% | |
| Q2 2023 | +2.2% | +1.9% | +4.3% | |
| Q1 2023 | +5.0% | +5.8% | +2.0% | |
| Q4 2022 | +10.1% | +7.5% | +10.3% | |
| Q3 2022 | +2.8% | +2.5% | +42.4% | |
| Q2 2022 | +3.4% | +4.9% | -12.4% | |
| Q1 2022 | +7.0% | -3.6% | +9.4% | |
| Q4 2021 | +16.8% | +9.3% | +8.3% | |
| Q3 2021 | +7.6% | +13.6% | +4.5% | |
| Q2 2021 | +1.6% | +7.8% | +10.0% | |
| Q1 2021 | -1.1% | +3.0% | +3.9% | |
| Q3 2020 | -2.1% | +2.8% | +20.9% | |
| Q2 2020 | -4.6% | -1.7% | -8.8% | |
| Q1 2020 | +14.2% | +6.5% | +25.4% | |
| Q4 2019 | +11.6% | +9.3% | -17.8% | |
| Q3 2019 | +2.7% | +4.2% | -0.1% | |
| Q2 2019 | +18.1% | +16.1% | +21.4% | |
| Q1 2019 | +6.3% | +16.5% | -2.7% | |
| Q4 2018 | +33.3% | +39.4% | +60.9% | |
| Q3 2018 | -12.8% | -18.3% | -21.4% | |
| Q2 2018 | +12.0% | +12.3% | +11.1% | |
| Q1 2018 | +7.1% | +4.0% | +5.2% | |
| Q4 2017 | -9.3% | -8.3% | +4.2% | |
| Q3 2017 | +8.1% | +9.0% | -4.2% | |
| Q2 2017 | -4.6% | -10.0% | -15.5% | |
| Q1 2017 | +3.9% | +3.9% | +4.7% | |
| Q4 2016 | -1.4% | -1.0% | +1.3% | |
| Q3 2016 | +0.0% | -0.4% | -11.1% | |
| Q2 2016 | -7.0% | -6.0% | +1.0% | |
| Q1 2016 | +6.8% | — | — | |
| Q4 2015 | +13.9% | — | — | |
| Q3 2015 | +2.0% | — | — | |
| Q2 2015 | -1.6% | — | — | |
| Q1 2015 | +1.8% | — | — | |
| Q4 2014 | -7.5% | — | — | |
| Q3 2014 | +0.5% | — | — | |
| Q2 2014 | -4.7% | — | — | |
| Q1 2014 | +7.6% | — | — | |
| Q4 2013 | +22.0% | — | — | |
| Q3 2013 | +19.2% | — | — | |
| Q2 2013 | +0.0% | — | — | |
| Q1 2013 | -0.8% | — | — | |
| Q4 2012 | +7.7% | — | — | |
| Q3 2012 | +3.9% | — | — | |
| Q2 2012 | -6.2% | — | — | |
| Q1 2012 | -11.8% | — | — | |
| Q4 2010 | +0.6% | — | — | |
| Q4 2011 | +0.6% | — | — | |
| Q3 2011 | +0.5% | — | — | |
| Q2 2011 | -11.2% | — | — | |
| Q1 2011 | -11.2% | — | — | |
| Q3 2010 | -2.4% | — | — | |
| Q2 2010 | -4.5% | — | — | |
| Q1 2010 | -4.2% | — | — |
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