Silicon Labs (SLAB) PT Raised to $85 at Drexel Hamilton; IoT Strength Drives Upside

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Silicon Labs (SLAB) PT Raised to $82 at Stifel Following 1Q

April 26, 2017 3:58 PM EDT

Stifel raised its price target on Silicon Labs (NASDAQ: SLAB) to $82.00 (from $80.00) while maintaining a Buy rating. SLAB reported 1Q results at the high-end of the companys outlook of $174mn-$179mn, with revenue of $179.0mn compared to the Street's $176.9mn. Non-GAAP EPS came... More

Silicon Labs (SLAB) Tops Q1 EPS by 3c, Q2 Guidance Raised

April 26, 2017 7:11 AM EDT

Silicon Labs (NASDAQ: SLAB) reported Q1 EPS of $0.63, $0.03 better than the analyst estimate of $0.60. Revenue for the quarter came in at $179 million versus the consensus estimate of $176.79 million.

GUIDANCE:

Silicon Labs sees Q2 2017 EPS of $0.68-$0.74, versus the consensus of... More