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

Silicon Laboratories

26/04/2023 14:32

* Silicon Laboratories Inc  SLAB.OQ  reported quarterly
adjusted
earnings of $1.12​​ per share for the quarter ended in March.
The mean expectation of nine analysts for the quarter was
for earnings of $1.11 per share.
    * Revenue rose 5.5% to $246.79 million from a year ago;
analysts
expected $247.55 million. 
    * Silicon Laboratories Inc's reported EPS for the quarter
was 41
cents​.
    * The mean earnings estimate of analysts had risen by
about 44.7%
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 fallen by 10.9% this
quarter and gained 15.0% so far this year.
    * The company reported quarterly net income of $13.97
million.
    * Wall Street's median 12-month price target for Silicon
Laboratories Inc is $200.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 26 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.11           1.12           Beat
 Dec. 31 2022      0.98           1.31           Beat
 Sep. 30 2022      1.12           1.21           Beat
 Jun. 30 2022      0.90           1.17           Beat