Silicon Labs Announces Second Quarter 2018 Results

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Needham & Company Remains Bullish on Silicon Labs (SLAB) Following Solid Results

July 25, 2018 2:22 PM EDT

Needham & Company reiterated a Buy rating and $115.00 price target on Silicon Labs (NASDAQ: SLAB) following the company's solid quarter results and guidance. Analyst Rajvindra Gill believes that SLAB is well-positioned in the IoT market with its complete portfolio of silicon, software and... More

Silicon Labs (SLAB) PT Raised to $123 at B.Riley/FBR

July 25, 2018 1:16 PM EDT

B.Riley/FBR raised its price target on Silicon Labs (NASDAQ: SLAB) to $123.00 (from $118.00) while maintaining a Buy rating following results.

Analyst Craig Ellis notes the $1 billion revenue target is pulling in.

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Silicon Labs (SLAB) Tops Q2 EPS by 8c, Offers Q3 Guidance

July 25, 2018 7:09 AM EDT

Silicon Labs (NASDAQ: SLAB) reported Q2 EPS of $0.92, $0.08 better than the analyst estimate of $0.84. Revenue for the quarter came in at $217.1 million versus the consensus estimate of $214.26 million.

GUIDANCE:

Silicon Labs sees Q3 2018 EPS of $0.95-$1.01, versus the consensus of... More