Lattice Semiconductor expects fourth-quarter revenue to decline

Lattice Semiconductor expects fourth-quarter revenue of $112 million to $122 million and adjusted earnings per share of 15 cents to 23 cents. The outlook is lower than analysts' previous expectations of $132 million in quarterly revenue and 12 cents in adjusted earnings per share. Lattice Semiconductor said it expects annual revenue to be in the low double digits through 2025.