secwatch.observer — SEC 8-K summary
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Issuer:     SILICON LABORATORIES INC. (SLAB)
CIK:        0001038074
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001628280-24-017527
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Silicon Labs Q1 revenue $106M, GAAP EPS -$1.77; Q2 outlook $135-145M
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- Revenue $106M, GAAP gross margin 52%, GAAP operating loss $59M, GAAP diluted EPS $(1.77).
- Non-GAAP diluted EPS $(0.92); Q2 guidance implies sequential revenue growth of 27-37%.
- Appointed Dean Butler as CFO (eff. May 15), Bob Conrad as SVP Ops (Apr 29), Radhika Chennakeshavula as CIO.
- Unveiled xG26 wireless SoC family with double flash/RAM vs xG24, targeting Matter and IoT.
- Q2 guidance: rev $135-145M, GAAP EPS loss $(1.45)-(1.61), non-GAAP EPS loss $(0.58)-(0.70).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1038074/000162828024017527/0001628280-24-017527-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1038074/000162828024017527/slab-20240424.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-017527

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