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Shares of Silicon Laboratories (NASDAQ:SLAB) rose 0.7% in pre-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share fell 10.84% over the past year to $0.74, which beat the estimate of $0.56.
Revenue of $207,533,000 up by 0.40% year over year, which beat the estimate of $199,580,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Silicon Laboratories hasn't issued any revenue guidance for the time being.
Conference Call Details
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Date: Jul 29, 2020
Time: 08:30 AM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/slab/mediaframe/39374/indexr.html
Recent Stock Performance
52-week high: $122.90
52-week low: $65.09
Price action over last quarter: Up 5.55%
Company Overview
Silicon Laboratories develops semiconductors, software, and system solutions for the "Internet of Things," Internet infrastructure, industrial control, consumer, and automotive markets. The company operates through one segment, mixed-signal analog intensive products, consisting of diverse product areas, which the company groups into four categories: Internet of Things, broadcast, infrastructure and access. The Internet of Things category is the largest contributor to the company's total revenue. Geographically, the company mainly operates in the United States and China, with the U.S. the largest source of revenue.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.