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Silicon Laboratories Q2 2023 Earnings Report

Silicon Laboratories logo
$132.60 +3.64 (+2.82%)
(As of 11:01 AM ET)

Silicon Laboratories EPS Results

Actual EPS
$0.59
Consensus EPS
$0.65
Beat/Miss
Missed by -$0.06
One Year Ago EPS
N/A

Silicon Laboratories Revenue Results

Actual Revenue
$244.87 million
Expected Revenue
$243.32 million
Beat/Miss
Beat by +$1.55 million
YoY Revenue Growth
N/A

Silicon Laboratories Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Silicon Laboratories Earnings Headlines

Barclays Sticks to Its Hold Rating for Silicon Laboratories (SLAB)
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
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About Silicon Laboratories

Silicon Laboratories (NASDAQ:SLAB), a fabless semiconductor company, provides various analog-intensive mixed-signal solutions in the United States, China, Taiwan, and internationally. The company's products include wireless microcontrollers and sensor products. Its products are used in various electronic products in a range of applications for the industrial Internet of Things (IoT), including industrial automation and control, smart buildings, access control, HVAC control, and industrial wearables and power tools; smart cities applications, such as smart metering, smart street lighting, renewable energy, electric vehicle supply equipment, and smart agriculture; commercial IoT applications, including smart lighting, asset tracking, electronic shelf labels, theft protection, and enterprise access points; smart home applications, comprising home automation/security systems, smart speakers, smart lighting, HVAC control, smart cameras, smart appliances, smart home sensing, smart locks, and window/blind controls; and connected health applications, including diabetes management, consumer health and fitness, elderly care, patient monitoring, and activity tracking; as well as in commercial building automation, consumer electronics, and medical instrumentation. The company sells its products through its direct sales force, as well as through a network of independent sales representatives and distributors. Silicon Laboratories Inc. was founded in 1996 and is headquartered in Austin, Texas.

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