Silicon Labs (SLAB) Tops Q4 EPS by 10c

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Silicon Labs Announces Record Revenue for Fourth Quarter and Full Year 2016

February 1, 2017 7:05 AM EST

AUSTIN, Texas, Feb. 1, 2017 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leading provider of silicon, software and solutions for a smarter, more connected world, today reported financial results for its fourth quarter ended December 31, 2016. Revenue in the fourth quarter established a new, all-time record, exceeding the high end of guidance at $183 million, up from $178 million in the third quarter. Fourth quarter GAAP and non-GAAP earnings per share (EPS) exceeded the high end of guidance at $0.47 and $0.75, respectively.

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