04:18 PM EDT, 07/29/2024 (MT Newswires) -- Lattice Semiconductor ( LSCC ) reported Q2 non-GAAP earnings late Monday of $0.23 per diluted share, down from $0.52 a year ago.

Analysts polled by Capital IQ expected $0.24.

Revenue in the quarter ended June 29 was $124.1 million, compared with $190.1 million a year earlier.

Analysts surveyed by Capital IQ projected $130.2 million.

The company said it expects Q3 revenue of $117 million to $137 million. Analysts polled by Capital IQ expect $142.5 million.

The stock was down more than 10% in extended trading.

Price: 49.45, Change: -5.51, Percent Change: -10.03