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Lattice Semiconductor Corporation (LSCC) develops and sells semiconductor technologies in Asia, Europe, and the Americas. 
The company offers field programmable gate arrays that consist of five product family lines, including the ECP, MachXO, iCE40, CrossLink, and programmable mixed signal devices.
It also provides video connectivity application specific standard products, such as port processors, port controllers, video processors, transmitters, receivers, bridges, and converters for use in mobile phones, UHD TVs, home theater systems, HDMI cable extenders, automotive infotainment, PCs, accessories, projectors, and monitors.
In addition, the company licenses its technology portfolio through standard IP and IP core licensing, patent monetization, and IP services. Lattice Semiconductor Corporation sells its products directly to end customers; and indirectly through a network of independent manufacturers' representatives and independent distributors.
On February 13th, LSCC reported Quarter December 2022 earnings of $0.48 per share on revenue of $176.0 million. The consensus earnings estimate was $0.48 per share on revenue of $175.2 million. Revenue grew 24.1% on a year-over-year basis.
The company said it expects first quarter revenue of $175.0 million to $185.0 million. The current consensus revenue estimate is $176.78 million for the quarter ending March 31, 2023.
Shares are heading higher in an upward trading channel. Higher share prices are expected.
Enry Point: $91.00
Trading Range: $43.41 to $95.17
Stop Loss: $87.00
Target Price: $101.00
