Silicon Labs (SLAB) Tops Q1 EPS by 41c

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Silicon Labs Accelerates Revenue Growth in First Quarter 2022

April 27, 2022 7:05 AM EDT

IoT Leader Demonstrates Strength Across Both Industrial & Commercial and Home & Life Business Units

AUSTIN, Texas, April 27, 2022 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported strong financial results for the first quarter, which ended April 2, 2022. Revenue exceeded the top end of the guidance range at $234 million, up 12% sequentially and 48% year-on-year.

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