Silicon Labs Announces Third Quarter 2018 Results

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Silicon Labs (SLAB) PT Lowered to $90 at Loop Capital

October 24, 2018 1:39 PM EDT

Loop Capital analyst Cody Acree lowered the price target on Silicon Labs (NASDAQ: SLAB) to $90.00 (from $110.00) while maintaining a Hold rating.

Acree makes the change after strong Q3, a bit softer Q4 on Macro and regulatory concerns.

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Silicon Labs (SLAB) PT Lowered to $100 at B.Riley/FBR

October 24, 2018 1:36 PM EDT

B.Riley/FBR analyst Craig Ellis lowered the price target on Silicon Labs (NASDAQ: SLAB) to $100.00 (from $105.00) while maintaining a Buy rating following results.

Ellis notes the company beat and moderately lowered guidance with good execution.

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Silicon Labs (SLAB) Tops Q3 EPS by 3c

October 24, 2018 7:10 AM EDT

Silicon Labs (NASDAQ: SLAB) reported Q3 EPS of $1.01, $0.03 better than the analyst estimate of $0.98. Revenue for the quarter came in at $230.2 million versus the consensus estimate of $227.33 million.

GUIDANCE:

Silicon Labs sees Q4 2018 EPS of $0.91-$0.97, versus the consensus of... More