secwatch.observer — SEC 8-K summary
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Issuer:     SILICON LABORATORIES INC. (SLAB)
CIK:        0001038074
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0001104659-21-130288
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Silicon Labs reports record IoT revenue of $185M in Q3; guides Q4 above
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- Revenue $185M (up 39% YoY) beat guidance; GAAP diluted loss per share $(0.45); non-GAAP EPS $0.34.
- Completed $2.75B sale of I&A business to Skyworks; returned ~$1.1B via tender and buybacks.
- CEO succession: Tuttle retires year-end, President Matt Johnson becomes CEO Jan 2, 2022.
- Board authorized $400M additional share repurchase; intends accelerated share repurchase for full amount.
- Q4 guidance: revenue $195-$205M; non-GAAP EPS $0.50-$0.60.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1038074/000110465921130288/0001104659-21-130288-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1038074/000110465921130288/tm2130944d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-130288

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer