Lattice Semiconductor Corp. Profit Falls In Q4

(RTTNews) - Lattice Semiconductor Corp. (LSCC) revealed earnings for fourth quarter that decreased from last year.

The company said its bottom line totaled $1.04 million, or $0.01 per share. This was down from $11.83 million, or $0.10 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.03 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 19.3% to $95.27 million. This was down from $118.11 million last year.

Lattice Semiconductor Corp. earnings at a glance:

-Earnings (Q4): $1.04 Mln. vs. $11.83 Mln. last year. -Earnings Decline (Y-o-Y): -91.2% -EPS (Q4): $0.01 vs. $0.10 last year. -EPS Decline (Y-o-Y): -90.0% -Analysts Estimate: $0.03 -Revenue (Q4): $95.27 Mln vs. $118.11 Mln last year. -Revenue Change (Y-o-Y): -19.3%