Why Lattice Semiconductor Stock Got Rocked on Tuesday

Source Motley_fool

It's safe to say Lattice Semiconductor (NASDAQ: LSCC) investors did not have a Tuesday they would like to remember. Their stock fell by more than 10% in price that trading session, the cause being an uninspiring quarterly earnings report. That decline was significantly steeper than the 0.8% slide of the bellwether S&P 500 (SNPINDEX: ^GSPC).

Expected declines

Lattice's first quarter revenue was just under $120.2 million, which represented a concerning year-over-year drop of almost 15%. On the bottom line, the fall was more pronounced, with non-GAAP (generally accepted accounting principles) adjusted net income sliding nearly 24% to $30.7 million, or $0.22 per share.

Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »

Person in wheelchair looking unhappy while wielding a laptop.

Image source: Getty Images.

Despite the declines, both headline metrics broadly met analyst expectations. The consensus pundit expectation for revenue was $120.1 million, while that for adjusted profitability was the achieved $0.22 per share.

In the earnings release, Lattice sounded a hopeful and optimistic tone for its future. It quoted CFO Lorenzo Flores as saying: "The prior realignment of our resources, coupled with our resilient supply chain and global customer base, position us well. We're maintaining disciplined control over operating expenses while continuing to focus on execution."

Guidance was in line too

Lattice proffered fairly comprehensive guidance for its current (second quarter). The company said it expects to book $118.5 million to $128.5 million in revenue, and adjusted net income ranging from $0.22 to $0.26 per share. The consensus analyst estimates fit within these ranges, with projections of $123.6 million on the top line and $0.24 for adjusted, per-share profitability.

In the earnings release, Lattice didn't directly address how it might get its growth train restarted, which was likely a factor in the negative investor reaction. If the company can't hit this goal, we can expect many market players to continue shunning the stock.

Should you invest $1,000 in Lattice Semiconductor right now?

Before you buy stock in Lattice Semiconductor, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Lattice Semiconductor wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $611,589!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $697,613!*

Now, it’s worth noting Stock Advisor’s total average return is 894% — a market-crushing outperformance compared to 163% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.

See the 10 stocks »

*Stock Advisor returns as of May 5, 2025

Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Holds Above $109K as Long-Term Holders Accumulate Amid LiquidationsBitcoin maintains upward momentum despite a recent market retracement that briefly pulled the asset off its all-time highs. After climbing past the $111,000 level last week to set a new record, the
Author  NewsBTC
13 hours ago
Bitcoin maintains upward momentum despite a recent market retracement that briefly pulled the asset off its all-time highs. After climbing past the $111,000 level last week to set a new record, the
placeholder
Gold price consolidates below two-week high; bullish potential seems intactGold price (XAU/USD) struggles to gain any meaningful traction and oscillates in a narrow band during the Asian session on Tuesday amid mixed fundamental cues.
Author  FXStreet
14 hours ago
Gold price (XAU/USD) struggles to gain any meaningful traction and oscillates in a narrow band during the Asian session on Tuesday amid mixed fundamental cues.
placeholder
EUR/USD gathers strength to near 1.1400 as Trump delays EU tariffsThe EUR/USD pair trades in positive territory near 1.1395 during the Asian trading hours on Tuesday. The Euro (EUR) edges higher to the highest since late April against the US Dollar (USD) after US President Donald Trump delayed the imposition of 50% tariffs on Europe.
Author  FXStreet
14 hours ago
The EUR/USD pair trades in positive territory near 1.1395 during the Asian trading hours on Tuesday. The Euro (EUR) edges higher to the highest since late April against the US Dollar (USD) after US President Donald Trump delayed the imposition of 50% tariffs on Europe.
placeholder
Dogecoin Breakout Incoming? $3 Target On The Horizon—AnalystDogecoin has held steady above $0.22 since May 20 and climbed back after a brief dip. It hit $0.25 on May 23, then eased into the weekend. In the last 24 hours, the token is up 4.1%. Over a week,
Author  NewsBTC
14 hours ago
Dogecoin has held steady above $0.22 since May 20 and climbed back after a brief dip. It hit $0.25 on May 23, then eased into the weekend. In the last 24 hours, the token is up 4.1%. Over a week,
placeholder
Dog-themed coins SHIB show bullish signs, DOGE faces resistanceDogecoin (DOGE) and Shiba Inu (SHIB) are down roughly 1% at press time on Tuesday.  While the dog-themed meme coins have consolidated for almost a week, Shiba Inu shows recovery signs in the derivatives market and technical charts as Dogecoin faces headwinds. 
Author  FXStreet
14 hours ago
Dogecoin (DOGE) and Shiba Inu (SHIB) are down roughly 1% at press time on Tuesday.  While the dog-themed meme coins have consolidated for almost a week, Shiba Inu shows recovery signs in the derivatives market and technical charts as Dogecoin faces headwinds. 
goTop
quote