Lattice Semiconductor Reports First Quarter 2015 Results
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May 5, 2015 11:30 AM EDT
Jefferies resumes coverage on Lattice Semiconductor (NASDAQ: LSCC) with a Buy rating and a price target of $9.00 (from $8.00) following the merger with Silicon Image.
Analyst Sundeep Bajikar commented, "We are resuming coverage of LSCC with a Buy rating and $9 PT following Lattice's merger... More
May 4, 2015 4:03 PM EDT
Lattice Semiconductor (NASDAQ: LSCC) reported Q1 EPS of $0.03, in-line with the analyst estimate of $0.03. Revenue for the quarter came in at $88.6 million versus the consensus estimate of $83.7 million.
Business Outlook - Second Quarter and Full Year 2015:
Revenue for the second quarter of 2015 is expected to be approximately $120 million plus or minus 3% on a non-GAAP basis, with revenue for the full year 2015 expected to be approximately $485 million plus or minus 3% on a non-GAAP basis.Gross margin percentage for both the second quarter and full year 2015 is...
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