Silicon Labs Announces Fourth Quarter 2017 Results

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Silicon Labs (SLAB) PT Raised to $115 at Needham & Company; One of the Best IoT Plays

February 1, 2018 6:14 AM EST

Needham & Company raised its price target on Silicon Labs (NASDAQ: SLAB) to $115.00 (from $110.00) while maintaining a Buy rating.

Analyst Rajvindra Gill commented, "SLAB posted a strong quarter and guide with revenue coming in at $201M driven in part by strong execution in its... More

Silicon Labs (SLAB) PT Raised to $110 at Stifel

January 31, 2018 1:29 PM EST

Stifel raised its price target on Silicon Labs (NASDAQ: SLAB) to $110.00 (from $108.00) while maintaining a Buy rating.

Analyst Tore Svanberg commented, "SLAB continues to fire on all cylinders, delivering a nice beat/raise driven by continued strong IoT secular growth... More

Silicon Labs (SLAB) PT Raised to $111 at Drexel Hamilton

January 31, 2018 1:13 PM EST

Drexel Hamilton raised its price target on Silicon Labs (NASDAQ: SLAB) to $111.00 (from $103.00) while maintaining a Buy rating.

Analyst Coy Acree notes Silicon Labs turned in another quarter of strong results and guidance, with solid sales growth continuing at a double-digit pace.... More

Silicon Labs (SLAB) Tops Q4 EPS by 7c, Offers Q1 Guidance

January 31, 2018 7:09 AM EST

Silicon Labs (NASDAQ: SLAB) reported Q4 EPS of $0.93, $0.07 better than the analyst estimate of $0.86. Revenue for the quarter came in at $201 million versus the consensus estimate of $197.97 million.

GUIDANCE:

Silicon Labs sees Q1 2018 EPS of $0.73-$0.79, versus the consensus of... More