SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 306.55+0.4%Oct 31 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Return to Sender who wrote (88911)7/26/2023 5:00:28 PM
From: Return to Sender1 Recommendation

Recommended By
Sam

  Read Replies (1) of 95342
 
Silicon Labs beats by $0.01, reports revs in-line; guides Q3 EPS below consensus, revs below consensus

Reports Q2 (Jun) earnings of $1.04 per share, excluding non-recurring items, $0.01 better than the FactSet Consensus of $1.03; revenues fell 6.9% year/year to $244.87 mln vs the $242.86 mln FactSet Consensus. Co issues downside guidance for Q3, sees EPS of $0.45-0.73, excluding non-recurring items, vs. $1.08 FactSet Consensus; sees Q3 revs of $190-210 mln vs. $256.16 mln FactSet Consensus.Co says "The strength in Industrial & Commercial was offset by a decline in our Home & Life business as weak demand and excess customer inventory continue to impact our results. Despite the challenging near-term outlook, we continue to drive strong design win momentum with our leading platform, products, and broad customer base. As the market stabilizes, we are well-positioned to gain share and drive long-term revenue growth."

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News