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LSCC Jun 2024 45.000 put

OPR - OPR Delayed Price. Currency in USD
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0.15000.0000 (0.00%)
As of 10:52AM EDT. Market open.
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Previous Close0.1500
Open0.1500
Bid0.0000
Ask0.0000
Strike45.00
Expire Date2024-06-21
Day's Range0.1500 - 0.1500
Contract RangeN/A
Volume3
Open InterestN/A
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    Lattice Semiconductor First Quarter 2024 Earnings: EPS Misses Expectations

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    Why Lattice Semiconductor (LSCC) Shares Are Sliding Today

    Shares of semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) fell 8.5% in the afternoon session after the company reported first quarter results. The quarter itself was fine: Revenue beat by about 0.5%, operating income beat by 1.5%, and EPS beat by a penny. Guidance is what is causing weakness in the stock. Both revenue and implied operating profit guidance for the next quarter were below. The weakness seems to be caused by inventory destocking headwinds in communications infrastructure