Lattice Semiconductor (LSCC) was Initiated by Susquehanna to “Positive”. Susquehanna advised their investors in a research report released on Sep 20, 2016.
On the company’s financial health, Lattice Semiconductor reported $-0.17 EPS for the quarter, missing the analyst consensus estimate by $ -0.16 based on the information available during the earnings call on May 9, 2016. Analyst had a consensus of $-0.01. The company had revenue of $96.50 million for the quarter, compared to analysts expectations of $98.00 million. The company’s revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.03 EPS.
Lattice Semiconductor closed down -0.03 points or -0.46% at $6.43 with 2,260,398 shares getting traded on Friday. Post opening the session at $6.49, the shares hit an intraday low of $6.37 and an intraday high of $6.69 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
In a different news, on May 17, 2016, Byron Wayne Milstead (VP Corp, General Counsel) sold 10,992 shares at $5.27 per share price. According to the SEC, on Dec 30, 2015, Balaji Krishnamurthy (director) sold 10,000 shares at $7.00 per share price. On Aug 18, 2015, Darin G Billerbeck (CEO) purchased 6,000 shares at $4.00 per share price, according to the Form-4 filing with the securities and exchange commission.
Lattice Semiconductor Corporation (Lattice) designs develops and markets programmable logic products and related software. The Company also provides design services customer training field engineering and technical support. The Company has two programmable logic device (PLD) architectures which include field programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs). Its product offerings under new category include LatticeECP5 MachXO3 Power Manager II and iCE40; products under mainstream include ispMACH4000ZE ispMACH 4000/Z LatticeECP2/M LatticeXP2 MachXO ispClock A/D/S and Software and IP and products under mature include ispXPLD FPSC ORCA 2 ORCA 3 ORCA 4 ispPAC ispLSI 8000V ispMACH 5000B ispMACH 2LV ispMACH 5LV ispLSI 2000V ispLSI 5000V ispMACH 5000VG 5-volt CPLDs ispGDX2 GDX/V ispMACH 4/LV iCE65 ispClock Power Manager I SPLDs LatticeECP and LatticeXP. It also includes Silicon Image Top Solutions and Silicon Image IP Cores.