Silicon Labs (SLAB) Reports In-Line Q3 EPS, Revenues Beat; Offers 4Q Revenue Guidance Above Consensus

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Silicon Labs Announces Third Quarter 2020 Results

October 28, 2020 7:05 AM EDT

AUSTIN, Texas, Oct. 28, 2020 /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 third quarter ended October 3, 2020. Revenue exceeded the top end of the guidance range at $221.3 million, up from $207.5 million in the second quarter. Third quarter GAAP and non-GAAP diluted earnings per share (EPS) were $0.07 and $0.73, respectively.

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