Silicon Labs Grows Revenue 55% in Second Quarter 2022

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Silicon Labs (SLAB) PT Raised to $165 at Needham & Company Following EPS

July 27, 2022 1:35 PM EDT

Needham & Company analyst Rajvindra Gill raised the price target on Silicon Labs (NASDAQ: SLAB) to $165.00 (from $150.00) while maintaining a Buy rating following earnings.

The analyst commented, "SLAB posted a strong beat and raise; gross margins came in ahead of expectations and drove the... More

Silicon Labs (SLAB) Tops Q2 EPS by 29c; Guides Higher

July 27, 2022 7:10 AM EDT

Silicon Labs (NASDAQ: SLAB) reported Q2 EPS of $1.17, $0.29 better than the analyst estimate of $0.88. Revenue for the quarter came in at $263 million versus the consensus estimate of $250.46 million.

GUIDANCE:

Silicon Labs sees Q3 2022 EPS of $1.08-$1.18, versus the consensus of... More