Lattice Semiconductor Corp. Q3 Earnings Rise, but misses estimates

(RTTNews) - Lattice Semiconductor Corp. (LSCC) released a profit for its third quarter that climbed from last year.

The company's earnings totaled $26.7 million, or $0.19 per share. This compares with $12.6 million, or $0.09 per share, in last year's third quarter.

Analysts had expected the company to earn $0.24 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 28.1% to $131.9 million from $103.0 million last year.

Lattice Semiconductor Corp. earnings at a glance:

-Earnings (Q3): $26.7 Mln. vs. $12.6 Mln. last year. -EPS (Q3): $0.19 vs. $0.09 last year. -Analysts Estimate: $0.24 -Revenue (Q3): $131.9 Mln vs. $103.0 Mln last year.

-Guidance: Next quarter revenue guidance: $129-$139 Mln