Silicon Laboratories, Inc. (SLAB) Tops Q2 EPS by 12c

Go back to Silicon Laboratories, Inc. (SLAB) Tops Q2 EPS by 12c

Silicon Labs (SLAB) PT, Estimates Trimmed at Needham & Company; 'Buy' Maintained

July 25, 2014 1:32 PM EDT

Needham & Company analyst Vernon Essi, Jr. trimmed his estimates on Silicon Labs (NASDAQ: SLAB) to $51.00 (from $53.00) but maintained Buy rating following Q2 results.

Essi comments, "SLAB delivered Q2 upside in part driven by a patent royalty sale favorably impacting rev/EPS by... More