Silicon Labs Announces First Quarter 2019 Results

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Go back to Silicon Labs Announces First Quarter 2019 Results

Silicon Labs (SLAB) Tops Q1 EPS by 12c, Slight Beat on Revenues; Offers 2Q EPS/Revenue Guidance Above Consensus

April 24, 2019 7:09 AM EDT

Silicon Labs (NASDAQ: SLAB) reported Q1 EPS of $0.59, $0.12 better than the analyst estimate of $0.47. Revenue for the quarter came in at $188.1 million versus the consensus estimate of $188.03 million.

First Quarter Financial Highlights

IoT revenue declined to $106 million, down 11% sequentially and up 3%... More