Silicon Labs Announces First Quarter 2020 Results

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Silicon Labs (SLAB) Tops Q1 EPS by 17c, Revenues Beat; Offers 2Q EPS/Revenue Outlook

April 29, 2020 7:11 AM EDT

Silicon Labs (NASDAQ: SLAB) reported Q1 EPS of $0.69, $0.17 better than the analyst estimate of $0.52. Revenue for the quarter came in at $214.88 million versus the consensus estimate of $203.3 million.

Non-GAAP gross margin was 60.4%.Non-GAAP R&D expenses were $55 million.Non-GAAP SG&A expenses were $41 million.Non-GAAP operating income as a percentage of revenue was 15.4%.Non-GAAP diluted earnings per share were $0.69.

"Revenue for the first... More