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Lattice Semiconductor Soars to Record on Upbeat Q1 Outlook Despite Profit Slump

Investor enthusiasm centers on stronger first‑quarter targets even as recent results showed pressured margins and a quarterly loss.

Overview

  • Lattice shares set an intraday record at $107.73 and closed up 16.29% at $105.77 following the earnings release and guidance.
  • Management forecast Q1 2026 revenue of $158–$172 million, implying roughly 31%–43% year‑over‑year growth versus $120.1 million a year earlier.
  • The company guided to non‑GAAP EPS of $0.34–$0.38 for Q1, a projected increase of about 54%–72% from the prior‑year quarter.
  • Full‑year revenue rose 2.7% to $523 million, while net income fell about 95% to $3.08 million compared with the prior year.
  • In Q4, revenue reached $145.8 million as the company swung to a $7.6 million net loss from a $16.5 million profit in the comparable period.