secwatch.observer — SEC 8-K summary
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Issuer:     SILICON LABORATORIES INC. (SLAB)
CIK:        0001038074
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001104659-24-011383
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Silicon Labs Q4 revenue $87M, GAAP loss $2.19/share; material weakness; Q1 guidance $100-110M
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- Revenue $87M, GAAP diluted loss per share $(2.19); non-GAAP loss $(1.19).
- GAAP gross margin 50.6%; operating loss $73M.
- Material weakness in inventory controls identified; no misstatements found; expects timely 10-K filing.
- Q1 2024 guidance: revenue $100-110M, GAAP loss per share $(1.89)-(2.05), non-GAAP $(0.92)-(1.04).
- Board authorized $100M stock repurchase plan through end of 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1038074/000110465924011383/0001104659-24-011383-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1038074/000110465924011383/tm245270d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-011383

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