Silicon Labs Announces Third Quarter 2020 Results
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Silicon Labs (SLAB) Reports In-Line Q3 EPS, Revenues Beat; Offers 4Q Revenue Guidance Above Consensus
October 28, 2020 7:10 AM EDTSilicon Labs (NASDAQ: SLAB) reported Q3 EPS of $0.73, in-line with the analyst estimate of $0.73. Revenue for the quarter came in at $221.35 million versus the consensus estimate of $213.04 million.
Third Quarter Financial Highlights
IoT revenue grew to $133.2 million, up 16% sequentially and 3% year-on-year.Infrastructure and Automotive revenue declined to $88.2 million, down 5%... More