Lattice Semiconductor (LSCC) Q1 Earnings Meet, Revenues Dip Y/Y

Lattice Semiconductor Corporation (LSCC) delivered first-quarter 2024 non-GAAP earnings of 29 cents per share, in line with the Zacks Consensus Estimate. The bottom line declined 43.1% on a year-over-year basis.Revenues of $140.8 million beat the Zacks Consensus Estimate of$140 million. The top line decreased 23.6% year over year.Weakness in the communications and computing end-market led to a year-over-year decline in the top line. The sluggish industrial and automotive end-market was another concern.Neve ...