Silicon Laboratories Inc reports results for the quarter ended in December - Earnings Summary

Silicon Laboratories

01/02/2023 15:31

* Silicon Laboratories Inc  SLAB.OQ  reported quarterly
adjusted
earnings of $1.31​​ per share for the quarter ended in December.
The mean expectation of ten analysts for the quarter was
for earnings of 98 cents per share.
    * Revenue rose 23.3% to $257.33 million from a year ago;
analysts
expected $250.23 million. 
    * Silicon Laboratories Inc's reported EPS for the quarter
was 76
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Silicon Laboratories Inc shares had risen by 15.7% this
quarter.
    * The company reported quarterly net income of $25.36
million.
    * Wall Street's median 12-month price target for Silicon
Laboratories Inc is $155.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
1 at 03:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.98           1.31           Beat
 Sep. 30 2022      1.12           1.21           Beat
 Jun. 30 2022      0.90           1.17           Beat
 Mar. 31 2022      0.64           1.05           Beat