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Stock impact report

Macro Turbulence Overshadows Silicon Labs' Latest Quarterly Beat [The Motley Fool]

Silicon Laboratories, Inc. (SLAB) 
Last silicon laboratories, inc. earnings: 4/29 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: investor.silabs.com
Company Research Source: The Motley Fool
The fabless semiconductor company exceeded expectations yet again in Q3, but its cautious forward outlook stole the show. Silicon Laboratories  ( NASDAQ:SLAB )  announced yet another better-than-expected quarter on Wednesday morning, including new high marks in revenue from its promising Internet of Things (IoT) and Infrastructure offerings. But the fabless semiconductor company also provided forward guidance that left the market wanting more. So after initially rising at the open -- and keeping in mind the broader stock market simultaneously  endured steep losses today -- Silicon Labs' shares drifted lower to close with more than a 5% loss. Let's take a closer look, then, at how Silicon Labs kicked off the second half, and what we can expect in the months ahead. Image source: Silicon Labs. Silicon Labs results: The raw numbers Metric Q3 2018 Q3 2017 Year-Over-Year Growth Revenue $230.2 million $198.7 million 15.9% Show less Read more
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