** Shares of Lattice Semiconductor LSCC.O rise ~10% to $59.86 on Tues after the company's quarterly results signaled it was heading towards financial stability

** Co is on track for its biggest daily pct. gain since mid-Sept last year as well as highest close since Dec 17

** LSCC reported after the close on Mon rev. of $117.42 mln, down 31.2% from a year ago, but roughly in line with estimates of $117.09 mln. Its EPS of 15 cents, however, missed expectations of 19 cents, per data compiled by LSEG

** Co forecast Q1 rev. between $115 mln to $125 mln and adj net income of between 20 cents to 24 cents

** LSCC also announced senior leadership changes, including the appointment of Lorenzo Flores as CFO

** "Lattice's print/guide showed welcomed signs of stability after a rough cyclical 2024. This was likely much better than investors feared given recent results from the FPGA [field-programmable gate array] businesses inside Intel INTC.O and AMD AMD.O, sending shares +>10% after-hours," TD Securities analyst Joshua Buchalter wrote in an investor note

** Multiple analysts, including from TD, Raymond James, Stifel and Bank of America, raised their PT on LSCC following the result

** Among 14 analysts that cover LSCC, their avg. rating is "BUY" and median PT is $70, up from $58.50 a month ago

** LSCC is now up ~5% YTD with today's move, compared with a ~18% loss in 2024

(Reporting by Chibuike Oguh in New York)

((Chibuike.Oguh@thomsonreuters.com; +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))