Lattice Semiconductor (LSCC) reported its fourth-quarter 2024 earnings, with an adjusted earnings per share (EPS) of $0.15, missing the estimated $0.19. However, its sales reached $117.419 million, exceeding the estimate of $117.091 million. The company projects an adjusted EPS for the first quarter of 2025 between $0.20 and $0.24, slightly below the $0.21 estimate, with expected revenue of $115 million to $125 million. Tower Semiconductor (TSEM) also released its fourth-quarter earnings, posting an adjusted EPS of $0.59, surpassing the expected $0.52, and sales of $387.19 million, beating the estimate of $387.13 million. Despite a year-over-year revenue growth of 10%, the company's stock fell by 5.2% in pre-market trading due to a disappointing outlook. S&P Global (SPGI) announced fourth-quarter results with an adjusted EPS of $3.77, exceeding the $3.48 estimate, and revenue of $3.592 billion, beating the $3.503 billion estimate. The company reported a 52% increase in net income to $880 million, driven by strong performance in its Ratings segment. GlobalFoundries (GFS) reported an adjusted EPS of $0.46, beating the estimate of $0.45, with sales of $1.83 billion matching expectations. TPG (TPG) reported an adjusted EPS of $0.52, in line with estimates, but its sales of $461.410 million fell short of the $478.958 million estimate.
$SPGI (+4.4% pre) S&P Global Reports Fourth Quarter and Full-Year 2024 Results https://t.co/lu8wqawRg2
$LSCC (+14.9% pre) No Surprises In Lattice Semiconductor’s (NASDAQ:LSCC) Q4 Sales Numbers, Stock Jumps - StockStory https://t.co/Ie5o5G9ASN
S&P Global CEO: "We reported record quarterly revenue and significant operating margin expansion..." $SPGI: +4% Pre-Market https://t.co/VlAFQn4HXX