Silicon Laboratories (NASDAQ:SLAB – Get Free Report) will be releasing its earnings data before the market opens on Wednesday, April 24th. Analysts expect Silicon Laboratories to post earnings of ($0.98) per share for the quarter. Silicon Laboratories has set its Q1 2024 guidance at -1.040–0.920 EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.
Silicon Laboratories (NASDAQ:SLAB – Get Free Report) last announced its earnings results on Wednesday, February 7th. The semiconductor company reported ($1.46) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.91) by $0.45. Silicon Laboratories had a positive return on equity of 0.97% and a negative net margin of 4.41%. The company had revenue of $86.85 million for the quarter, compared to analyst estimates of $85.32 million. On average, analysts expect Silicon Laboratories to post $-2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Silicon Laboratories Stock Up 3.4 %
Shares of NASDAQ SLAB opened at $119.12 on Tuesday. Silicon Laboratories has a twelve month low of $74.56 and a twelve month high of $168.22. The stock has a fifty day simple moving average of $135.14 and a 200-day simple moving average of $122.10.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on SLAB
About Silicon Laboratories
Silicon Laboratories Inc, a fabless semiconductor company, provides various analog-intensive mixed-signal solutions in the United States, China, Taiwan, and internationally. The company's products include wireless microcontrollers and sensor products. Its products are used in various electronic products in a range of applications for the industrial Internet of Things (IoT), including industrial automation and control, smart buildings, access control, HVAC control, and industrial wearables and power tools; smart cities applications, such as smart metering, smart street lighting, renewable energy, electric vehicle supply equipment, and smart agriculture; commercial IoT applications, including smart lighting, asset tracking, electronic shelf labels, theft protection, and enterprise access points; smart home applications, comprising home automation/security systems, smart speakers, smart lighting, HVAC control, smart cameras, smart appliances, smart home sensing, smart locks, and window/blind controls; and connected health applications, including diabetes management, consumer health and fitness, elderly care, patient monitoring, and activity tracking; as well as in commercial building automation, consumer electronics, and medical instrumentation.
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