Lattice Q1 Earnings In-Line With Estimates, Revenues Decline Y/Y
Lattice Semiconductor (LSCC) reported modest first-quarter 2025 results, with both adjusted earnings and revenues matching the respective Zacks Consensus Estimate. The Hillsboro-based semiconductor company reported revenue contraction year over year, owing to weak demand in multiple end markets and macroeconomic headwinds. Healthy traction in generative AI applications for data centers, in-cabin and advanced driver assistance systems in automotive and augmented reality and virtuality applications partially ...