Silicon Labs (SLAB) Tops Q3 EPS by 8c, Offers Guidance

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Silicon Labs Grows Revenue 46% in Third Quarter 2022

October 26, 2022 7:05 AM EDT

IoT leader remains well-positioned for long-term growth amid an uncertain macroeconomic environment

AUSTIN, Texas, Oct. 26, 2022 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported robust financial results for the third quarter, which ended October 1, 2022. Revenue met the midpoint of the guidance range at $270 million, up 3% sequentially and 46% year-on-year.  Silicon Labs saw revenue growth across both its... More