Lattice Semiconductor Shares Rally to Record High After 24% Q4 Revenue Gain
Lattice Semiconductor shares jumped to a record high after the company posted 24% year-over-year revenue growth in Q4 to $145.8 million with non-GAAP EPS more than doubled, even as full-year net income plunged 95% to $3.08 million on $523 million revenue. Management forecasts Q1 revenue growth of 31–43% to $158–172 million and EPS of $0.34–$0.38 on 37% year-over-year guidance.
1. Q4 Performance
In Q4, Lattice Semiconductor posted revenue of $145.8 million, up 9.3% sequentially and 24% year-over-year, while non-GAAP EPS more than doubled from the prior year.
2. Full-Year Financials
For fiscal 2025, revenues increased 2.7% to $523 million, but net income plunged 95% to $3.08 million due to margin pressures and increased investments.
3. Q1 Outlook
Management guided Q1 revenue between $158 million and $172 million, implying 31–43% growth year-over-year, and projected non-GAAP EPS of $0.34 to $0.38, signaling a 37% revenue increase.
4. Market Reaction and Upgrade
Shares rallied over 16% to an intraday record of $107.73, closing at $105.77, and analysts upgraded the stock to Buy, citing robust AI infrastructure exposure and solid gross margins.