Lattice Semiconductor Stock Intrinsic Value – LATTICE SEMICONDUCTOR Reports Financial Results for Second Quarter of FY 2023
August 20, 2023
🌥️Earnings Overview
On July 31, 2023, LATTICE SEMICONDUCTOR ($NASDAQ:LSCC) announced their financial results for the second quarter of Fiscal Year 2023, which ended June 30, 2023. Total revenue for the quarter reached USD 190.1 million, a year-on-year increase of 17.8%. Net income for the quarter was USD 50.6 million, a 13.7% rise from the same period in the previous year.
Share Price
The company’s stock opened at $91.1 and closed at $90.9, showing a slight decline from the previous day. Overall, the company reported strong financial results for the second quarter of fiscal year 2023, with increased profits and revenue. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lattice Semiconductor. More…
| Total Revenues | Net Income | Net Margin |
| 722.86 | 204.84 | 28.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lattice Semiconductor. More…
| Operations | Investing | Financing |
| 261.35 | -38.39 | -236.42 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lattice Semiconductor. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 759.07 | 184.31 | 4.17 |
Key Ratios Snapshot
Some of the financial key ratios for Lattice Semiconductor are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 21.6% | 57.1% | 29.5% |
| FCF Margin | ROE | ROA |
| 30.8% | 24.4% | 17.5% |
Analysis – Lattice Semiconductor Stock Intrinsic Value
At GoodWhale, we have conducted an in-depth analysis of the fundamentals of LATTICE SEMICONDUCTOR. Our proprietary Valuation Line indicates that the fair value of LATTICE SEMICONDUCTOR share is around $77.1. However, at the present moment, the stock of LATTICE SEMICONDUCTOR is being traded at $90.9, which is a fair price overvalued by 17.9%. While this may present a short-term buying opportunity for savvy investors, it is important to understand the long-term implications of such an investment strategy. We recommend that investors conduct their own research and analysis before making any long-term investments in the stock of LATTICE SEMICONDUCTOR. More…
Peers
The company operates in two segments, Programmable Logic and Other. The Programmable Logic segment offers programmable logic devices (PLDs), including field programmable gate arrays (FPGAs), complex programmable logic devices (CPLDs), Programmable Mixed Signal Products (PMSPs), and other PLDs.
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Summary
Investors considering LATTICE SEMICONDUCTOR have reason to be optimistic, as the company has reported strong financial results for the second quarter of Fiscal Year 2023. Total revenue was USD 190.1 million, a 17.8% year-over-year increase, while net income was up 13.7% to USD 50.6 million. These results demonstrate the company’s strong growth trajectory and offer assurance that its investments in technology are paying off. As a result, investors can feel confident in the continued success of LATTICE SEMICONDUCTOR.
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