Lattie Semiconductor (LSCC) Hits All-Time High on Strong Revenues, Double-Digit Growth Outlook

We recently published 10 Stocks Turning Heads With Double-Digit Returns. Lattice Semiconductor Corp. (NASDAQ:LSCC) was one of the best performers on Wednesday.

Lattice Semiconductor climbed to a new all-time high on Wednesday, as investors took heart from a strong revenue performance last year, which bolstered its targets of hitting double-digit growth in 2026.

At intra-day trading, the stock climbed to its highest price of $107.73 before paring gains to end the day just up by 16.29 percent at $105.77 apiece.

In an earnings call, Lattice Semiconductor Corp. (NASDAQ:LSCC) said that it was able to grow its revenues last year by 2.7 percent to $523 million from $509 million in 2024. However, net income fell by 95 percent to $3.08 million from $61 million year-on-year.

In the fourth quarter alone, revenues grew by 9.3 percent to $145.8 million from $117 million, but the company swung to a net loss of $7.6 million from $16.5 million in the same comparable period.

Looking into the first quarter of the year, Lattice Semiconductor Corp. (NASDAQ:LSCC) announced targets of growing its revenues by 31 to 43 percent to a range of $158 million to $172 million, versus $120.1 million in the first three months of last year.

Non-GAAP earnings per share are expected to be in the range of $0.34 to $0.38, marking a jump of 54 percent to 72 percent from the $0.22 posted in the first quarter of 2025.

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Disclosure: None. This article is originally published at Insider Monkey.