Lattice Semiconductor Corporation's stock surged 6.09% in after-hours trading following the release of its fiscal fourth-quarter and full-year 2025 financial results. The low-power programmable leader reported revenue and earnings that exceeded analyst expectations and provided first-quarter guidance that significantly surpassed consensus estimates.
The company announced Q4 revenue of $145.8 million, representing a 24.2% year-over-year increase and beating the analyst consensus estimate of approximately $143.1 million. Non-GAAP earnings per share came in at $0.32, meeting or slightly exceeding expectations. For the full year 2025, Lattice reported record communications and computing revenue, with server revenues growing approximately 85% year-over-year and new product revenue increasing about 70% compared to 2024.
Investors responded positively to the company's outlook, with Lattice guiding for Q1 2026 revenue between $158 million and $172 million, well above the consensus estimate of $148.2 million. The company also forecast Q1 non-GAAP EPS of $0.34 to $0.38, compared to the $0.33 consensus. Management cited accelerating growth in AI and datacenters, higher FPGA attach rates per system, and increasing average selling prices as key drivers positioning the company for higher growth in 2026 and beyond.