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Stock impact report

Silicon Labs Announces Second Quarter 2018 Results

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: PR Newswire
AUSTIN, Texas, July 25, 2018 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leading provider of silicon, software and solutions for a smarter, more connected world, today reported financial results for its second quarter ended June 30, 2018. Revenue in the second quarter established a new, all-time record, achieving the high end of guidance at $217 million, up from $205 million in the first quarter. Second quarter GAAP and non-GAAP diluted earnings per share (EPS) were $0.32 and $0.92, respectively. "We continue to focus on long-term, high-quality, strategic growth vectors, including IoT, green energy and data communications," said Tyson Tuttle, CEO of Silicon Labs. "The insatiable demand for data will persist, the electrification of the world will accelerate, and the value in connecting 'things' will increase exponentially. The diversity of our business supports strong fundamentals and is driving greater consistency in our results. We are very pleased with what Show less Read more
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