04:17 PM EST, 11/04/2024 (MT Newswires) -- Lattice Semiconductor ( LSCC ) reported Q3 non-GAAP earnings late Monday of $0.24 per diluted share, down from $0.53 a year ago.

Analysts polled by Capital IQ expected $0.24.

Revenue in the quarter ended Sept. 28 was $127.1 million, compared with $192.2 million a year earlier.

Analysts surveyed by Capital IQ projected $127.1 million.

The company said it expects Q4 non-GAAP earnings per share of between $0.15 and $0.23 on revenue of between $112 million and $122 million. Analysts polled by Capital IQ expect $0.26 and $132.1 million.

Shares of Lattice Semiconductor ( LSCC ) were down nearly 6% in after-hours activity.