earnings
confidence high
sentiment negative
materiality 0.75
Silicon Labs Q2 revenue $145M; GAAP EPS loss $(2.56); Q3 guidance $160-170M
SILICON LABORATORIES INC.
2024-Q2 EPS reported
-$4.33
revenue$251,742,000
- GAAP operating loss $48M; GAAP diluted EPS loss $(2.56).
- Non-GAAP diluted EPS loss $(0.56); gross margin 53% (GAAP and non-GAAP).
- Industrial & Commercial revenue $88M; Home & Life revenue $57M.
- Q3 guidance: revenue $160-170M; GAAP diluted EPS loss $(0.95) to $(1.25).
- Launched xG22E wireless SoC family for battery-free, energy-harvesting IoT.