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Technology Stocks : Semi Equipment Analysis

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From: Return to Sender	11/1/2023 1:23:07 PM
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Silicon Labs beats by $0.01, beats on revs; guides Q4 EPS below consensus, revs in-line 7:05 AM ET 11/1/23 \| Briefing.com Reports Q3 (Sep) earnings of $0.62 per share, excluding non-recurring items, $0.01 better than the FactSet Consensus of $0.61; revenues fell 24.5% year/year to $203.8 mln vs the $200.14 mln FactSet Consensus. Co issues guidance for Q4, sees EPS of ($1.66)-($1.22) vs. $0.67 FactSet Consensus; sees Q4 revs of $70-100 mln vs. $206.51 mln FactSet Consensus."The current demand environment remains quite weak as we navigate this cyclical inventory correction, and end market visibility continues to be challenging."

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