Silicon Laboratories

Silicon Laboratories, Inc. designs and develops analog-intensive and mixed-signal integrated circuits. The firm offers microcontrollers, wireless, sensors, USB bridges, analog, clocks and oscillators, isolators, power, audio and radio, modems and TV and video product categories. It provides solutions for automotive, communications, data centers, healthcare & fitness, home automation & entertainment, industrial automation & power and retail industries. The company was founded by Navdeep S. Sooch, David R. Welland, and Jeffrey W. Scott in August 1996 and is headquartered in Austin, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Silicon Laboratories surpasses $1B revenue milestone, eyes IoT market growth

Silicon Laboratories delivered strong financial performance, exceeding revenue and earnings expectations. The company showcased growth in key segments, with a focus on IoT and industrial markets. Challenges include managing tax rates, optimizing margins, and addressing supply chain constraints, while opportunities exist in smart city applications, Wi-Fi growth, and strategic M&A decisions.

Silicon Labs meets Q1 revenue, eyes IoT growth opportunities

Silicon Laboratories (SLAB) reported Q1 earnings meeting expectations, driven by strong Bluetooth portfolio growth and record design wins. Despite challenges in Home & Life segment, the company is strategically positioned for growth with a focus on IoT technologies and supply chain capacity.
With a robust opportunity funnel and commitment to managing expenses, Silicon Labs aims to capitalize on growth potential. However, concerns about pricing pressures and market forces pose challenges for margins in the upcoming quarter.

Silicon Labs reports mixed Q2 results, eyes cost management and growth opportunities

Silicon Labs delivered a mixed performance in Q2, with strong industrial and commercial segments offsetting declines in other areas. The company remains focused on managing costs and enhancing operational efficiency amidst global demand uncertainties. With a robust design-win pipeline and strategic buyback initiatives, Silicon Labs aims to navigate challenges and capitalize on future growth prospects.

Silicon Laboratories navigates market challenges, eyes sequential growth in 2024

Silicon Laboratories faced market challenges in Q3 with revenue decline and anticipates further impact in Q4.
Despite challenges, the company maintains strong gross margins and sees growth opportunities in key business segments.
Analysts' concerns and structural adjustments reflect a proactive approach to managing current challenges.
Optimism about returning to sequential growth in Q1 2024 and recovery in gross margins by 2024.

Silicon Laboratories beats Q4 revenue expectations, eyes growth opportunities

Silicon Laboratories (SLAB) navigated a challenging Q4 with revenue above guidance but down YoY. Despite internal control weaknesses and industrial sector decline, the company is optimistic about growth opportunities in smart cities, IoT, and wireless connectivity.

Silicon Labs surpasses Q1 revenue expectations, cautious on China growth

Silicon Labs delivered strong Q1 results, with revenue exceeding guidance and notable improvements in channel inventory. Despite positive indicators in China, caution is advised regarding immediate revenue growth assumptions. The company remains focused on growth targets and innovation in IoT technology.

Silicon Laboratories (SLAB) reports strong Q2 performance and eyes continued growth

Silicon Laboratories (SLAB) showcased robust performance in Q2 2024, driven by record design wins and growth in key markets. While facing challenges in inventory levels and the China market, the company is poised for continued growth through product innovation and market trends. Opportunities lie in expanding IoT applications, AI/ML integration, and sustained revenue growth.

Silicon Labs beats Q3 expectations, eyes IoT growth opportunities

Silicon Labs demonstrated resilience with strong Q3 performance and positive cash flow.
While facing challenges like gradual demand recovery, the company leverages growth opportunities.
Innovations in IoT devices and strategic focus areas position Silicon Labs for future success.
Maintaining customer sentiment and addressing financial challenges are key priorities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Silicon Laboratories, Inc. engages in providing and developing analog-intensive and mixed-signal integrated circuits. It focuses on wireless development platform and product portfolio for the internet of things based on Bluetooth, sub-GHz proprietary technologies, Wi-SUN, Thread, Wi-Fi, Zigbee, and Z-Wave. The company was founded by Navdeep S. Sooch, David R. Welland, and Jeffrey W. Scott in August 1996 and is headquartered in Austin, TX.

Silicon Labs has underperformed the S&P 500 but fared better than many semiconductor peers, despite weak demand in major end-markets. Q3'24 results were in line with expectations, showing a double-digit year-over-year revenue decline but sequential improvement. Long-term growth opportunities in IoT markets like smart home, retail, smart metering, and glucose monitoring remain meaningful, despite current demand challenges and though guidance for Q4'24 remains soft.

A Slower, More Stretched-Out Recovery Has Weighed On Silicon Labs

Silicon Laboratories Inc. (NASDAQ:SLAB ) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Giovanni Pacelli - Senior Director, Finance Matt Johnson - President and CEO Dean Butler - Chief Financial Officer Conference Call Participants Srini Pajjuri - Raymond Nick Doyle - Needham Cody Acree - The Benchmark Company Peter Peng - JP Morgan Operator My name is Michelle, and I will be your conference operator today. Welcome to the Silicon Labs Third Quarter Fiscal 2024 Earnings Call.

Silicon Laboratories Inc. (SLAB) Q3 2024 Earnings Call Transcript

Silicon Laboratories (SLAB) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to earnings of $0.62 per share a year ago.

Silicon Laboratories (SLAB) Reports Q3 Loss, Tops Revenue Estimates

Wireless IoT leader delivers third-quarter results above the midpoint of its guidance   AUSTIN, Texas , Nov. 4, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported financial results for the third quarter, which ended September 28, 2024. "Silicon Labs delivered solid sequential revenue growth as several key design wins began ramping in the quarter," said Matt Johnson, President and Chief Executive Officer at Silicon Labs.

Silicon Labs Reports Third Quarter 2024 Results

AUSTIN, Texas , Oct. 17, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced that it plans to release third quarter 2024 financial results on Monday, November 4, 2024. An earnings conference call will follow the release at 3:30 p.m.

Silicon Labs Announces Third Quarter 2024 Earnings Webcast

Silicon Laboratories has recouped some of the losses for the year, with the stock moving higher, but there are a few reasons why further stock gains may have to wait. The excess inventory problem is getting better with the quarterly numbers rebounding, but the outlook beyond is nonetheless hazy. A continued rally in the stock requires strong growth, but it is unclear what demand and thus growth will be like without excess inventory.

Silicon Laboratories: A Questionable Outlook Offsets Improving Results

New Custom Part Manufacturing Service (CPMS) and Device Attestation Certificates (DAC) Injection Streamline Security Implementation for Matter-Certified IoT Devices AUSTIN, Texas , Oct. 9, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology, in partnership with Kudelski IoT, a division of the Kudelski Group (SIX: KUD.S) and a global leader in digital security and IoT solutions, today announced a new solution to accelerate the time to market for Matter-certified IoT devices. The collaboration integrates Kudelski IoT's Matter Device Attestation Certificates (DAC) into Silicon Labs' Custom Part Manufacturing Service (CPMS), enabling device makers to build Zero Trust security from the foundry to customers' doorsteps, which ultimately saves time and costs.

Silicon Labs and Kudelski IoT Partner to Accelerate Matter Device Certification

Breakthrough Hardware and Software Boosts Bluetooth Device Ranging Accuracy and Security AUSTIN, Texas , Sept. 3, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced its support for Bluetooth®  Channel Sounding technology on the xG24 platform.

Silicon Labs' Bluetooth® Channel Sounding Provides Sub-Meter Accuracy to Drive Secure Fine Ranging

AUSTIN, Texas , Aug. 29, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced that the company will present at Citi's Global TMT Conference on Wednesday, September 4, 2024, at The Lotte New York Palace Hotel in New York City. Silicon Labs President and CEO Matt Johnson is scheduled to participate in a fireside chat at 3:00 p.m.

Silicon Labs to Present at Citi's 2024 Global TMT Conference

AUSTIN, Texas , Aug. 19, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced that Chief Financial Officer Dean Butler will participate in the following upcoming investor conferences later this month: August 22, 2024: Needham Virtual Semiconductor & SemiCap 1x1 Conference August 27, 2024: Jefferies Semiconductor, IT Hardware & Communications Technology Conference in Chicago, IL August 28, 2024: Evercore ISI Semiconductor, IT Hardware & Networking Conference Silicon Labs Silicon Labs (NASDAQ: SLAB) is a leader in secure, intelligent wireless technology for a more connected world. Our integrated hardware and software platform, intuitive development tools, thriving ecosystem, and robust support make us an ideal long-term partner in building advanced industrial, commercial, home and life applications.

Silicon Labs to Participate at Upcoming Investor Conferences

Works With 2024 and embedded world North America Keynotes Showcase the IoT's Transformative Convergence with AI AUSTIN, Texas , Aug. 15, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology, is set to deliver five impactful global keynotes this fall, further establishing its position at the forefront of IoT wireless innovation. The company's presentations at its own Works With 2024  global series of developer conferences and inaugural embedded world North America  will center on the transformative convergence of AI and IoT and its profound implications for embedded systems.

Silicon Labs to Keynote embedded world North America and Global Works With Developers Conferences to Unveil Future of Embedded Technology and IoT Innovation

EFR32 MG21 SoC Tailored for Zigbee Applications  Offers Several Advantages for ZBMicro AUSTIN, Texas , Aug. 1, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced that its MG21 2.4 GHz wireless SoC had been selected by SONOFF for its new  ZBMicro smart switch, SONOFF's Micro Zigbee USB Smart Adaptor. ZBMicro is a groundbreaking addition to the realm of smart home technology.

Silicon Labs Enables SONOFF Micro Zigbee USB Smart Adaptor to Elevate Smart Home Connectivity

SLAB recommended as a buy with visible recovery growth and margin expansion potential. Positive earnings report with strong sequential revenue growth and margin expansion. Growth catalyst that could potentially drive higher growth is the AI/ML opportunities.

Silicon Laboratories: Equity Story Remains Very Attractive

Silicon Laboratories Inc. (NASDAQ:SLAB ) Q2 2024 Earnings Conference Call July 24, 2024 8:30 AM ET Company Participants Giovanni Pacelli - Senior Director, Finance Matt Johnson - President and CEO Dean Butler - Chief Financial Officer Conference Call Participants Matt Ramsay - TD Cowen Thomas O'Malley - Barclays Quinn Bolton - Needham Srini Pajjuri - Raymond Kyle Smith - Stifel Cody Acree - The Benchmark Company Peter Peng - JP Morgan Operator Hello. My name is Tanya, and I'll be your conference operator today.

Silicon Laboratories Inc. (SLAB) Q2 2024 Earnings Call Transcript

Silicon Laboratories (SLAB) came out with a quarterly loss of $0.56 per share versus the Zacks Consensus Estimate of a loss of $0.64. This compares to earnings of $1.04 per share a year ago.

Silicon Laboratories (SLAB) Reports Q2 Loss, Tops Revenue Estimates

Wireless IoT leader delivers strong second-quarter growth AUSTIN, Texas , July 24, 2024 /PRNewswire/ -- Silicon Labs  (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported financial results for the second quarter, which ended June 29, 2024. "Silicon Labs delivered another quarter of strong sequential growth, driven by a combination of design wins ramping to production in several key growth areas, and end customers working down their excess inventory," said Matt Johnson, President and Chief Executive Officer at Silicon Labs.

Silicon Labs Reports Second Quarter 2024 Results

Register Now for In-Person Events in San Jose, Hyderabad, and Shanghai, with Tailored Tracks for Every Region AUSTIN, Texas , July 16, 2024 /PRNewswire/ -- Silicon Labs, a leader in secure, intelligent wireless technology for a more connected world, today opened registration  for its fifth annual  Works With Conference . New for 2024, Works With will feature three regional, in-person events: San Jose, USA – September 19, 2024 Hyderabad, India – October 17, 2024 Shanghai, China – October 24, 2024 This premier IoT developer event series brings together device manufacturers, wireless experts, engineers, and business leaders from around the world and is free to attend.

Silicon Labs' Works With 2024 Goes Global: Registration Opens for Annual IoT Developer Conference with New In-Person Events

AUSTIN, Texas , July 15, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced that it plans to release second quarter 2024 financial results on Wednesday, July 24, 2024. An earnings conference call will follow the release at 7:30 a.m.

Silicon Labs Announces Second Quarter 2024 Earnings Webcast

After a 70% peak-to-trough revenue decline, Silicon Labs is stabilizing, with promising prospects in Bluetooth and WiFi markets and AI edge deployments ready to drive the next up-cycle. Following sequential growth in Q1'24, SLAB should deliver 30%-plus sequential growth in Q2'24, driven by consumer/home market restocking and new wins, including glucose monitoring. Silicon Labs' new Series 3 chips, with significantly greater compute capacity over Series 2, position the company well for industrial AI edge installations, enhancing its competitiveness in the IoT sector.

Silicon Labs Ready For The Next IoT-Fueled Run

Silicon Laboratories (NASDAQ: SLAB ) is a fabless semiconductor firm that provides various products, including wireless microcontrollers and sensor equipment. The company serves a range of applications within the broader Internet of Things (IoT), such as industrial automation and smart building controls.

Trade of the Day: Silicon Laboratories (SLAB) Stock Is Signaling a Death Cross

ACM Research

Docebo

Grab Holdings Ltd

Leidos Hld

Novo Nordisk

One Stop Systems

In an ecosystem where individuality is celebrated and groupthink is criticized, it may seem imprudent to target popular stocks among retail investors. However, putting minds together can often yield lucrative discoveries and opportunities.

7 Stocks That Ordinary Investors Can't Get Enough Of Right Now

Boston Scientific

Netflix

It's not exactly an ideal time to be a stock market investor. The market is in correction territory, with many leading tech giants experiencing a pullback in prices.

Needham Just Boosted Its Price Target on These 3 Stocks

Prologis

Research by brokerage firms and investment banks like JPMorgan Chase (NYSE: JPM ) are helpful in guiding investors through the complex landscape of Wall Street. Their analysts evaluate stocks, considering factors such as market trends, company fundamentals and economic indicators.

JPMorgan Just Cut Its Price Target on These 3 Stocks

Silicon Laboratories Inc. (SLAB) Q1 2024 Earnings Call Transcript

Wireless IoT leader sees sequential revenue growth accelerating into the second quarter   AUSTIN, Texas , April 24, 2024 /PRNewswire/ -- Silicon Labs  (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported financial results for the first quarter, which ended March 30, 2024. "Silicon Labs delivered strong sequential growth in the first quarter, driven by progress in end-customer inventory destocking in both the Home & Life and Industrial & Customer business units," said Matt Johnson, President and Chief Executive Officer at Silicon Labs.

News for Silicon Laboratories Stock (SLAB)