Silicon Laboratories, Inc. (NASDAQ: SLAB) reported Q1 EPS of $0.42, in-line with the analyst estimate of $0.42. Revenue for the quarter came in at $145.7 million versus the consensus estimate of $143.98 million.

Silicon Laboratories, Inc. sees Q2 2014 EPS of $0.43-$0.47, versus the consensus of $0.49.

“We continue to strengthen our position as a leading supplier of silicon solutions for the Internet of Things,” said Tyson Tuttle, CEO of Silicon Labs. “We expect this momentum to drive record Broad-based revenue in the second quarter.

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