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

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

Silicon Labs Announces First Quarter 2019 Results

April 24, 2019 7:05 AM EDT

AUSTIN, Texas, April 24, 2019 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leading provider of silicon, software and solutions for a smarter, more connected world, today reported financial results for its first quarter ended March 30, 2019. Revenue was at the midpoint of guidance at $188.1 million, down from $215.5 million in the fourth quarter, with gross margin, opex and earnings per share (EPS) exceeding expectations. First quarter GAAP and non-GAAP diluted EPS were $0.12 and $0.59,... More