Silicon Labs Announces Second Quarter 2016 Results

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Drexel Hamilton Reiterates Buy on Silicon Labs (SLAB) Following Solid 2Q Results

July 27, 2016 9:16 AM EDT

Drexel Hamilton reiterated a Buy rating and $52.00 price target on Silicon Labs (NASDAQ: SLAB) following the company's 2Q earnings report. June sales of $174.9 million, beat the Street consensus of about $170.5 million. EPS of $0.75 was strongly ahead of the Street consensus of $0.64.... More