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Silicon Labs Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, July 26, 2023
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AUSTIN, Texas, July 26, 2023 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported financial results for the second quarter, which ended July 1, 2023. Revenue exceeded the mid-point of the guidance range at $245 million, driven by strength across the Industrial & Commercial end markets.

Key Points: 
  • AUSTIN, Texas, July 26, 2023 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported financial results for the second quarter, which ended July 1, 2023.
  • "We delivered solid results in the second quarter, with record revenue in our Industrial & Commercial business," said Matt Johnson, President and Chief Executive Officer at Silicon Labs.
  • CEO Matt Johnson will share a sneak peek of Silicon Labs' next-generation Series 3 platform in the conference's opening keynote.
  • An audio webcast will be available on Silicon Labs' website ( www.silabs.com ) under Investor Relations .

Silicon Labs Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, February 1, 2023
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AUSTIN, Texas, Feb. 1, 2023 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported financial results for the fourth quarter, which ended December 31, 2022. Revenue exceeded the top end of the guidance range at $257 million, up 23% year-on-year.  Silicon Labs saw full-year revenue growth across both its Industrial & Commercial and Home & Life product groups.

Key Points: 
  • AUSTIN, Texas, Feb. 1, 2023 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported financial results for the fourth quarter, which ended December 31, 2022.
  • Silicon Labs saw full-year revenue growth across both its Industrial & Commercial and Home & Life product groups.
  • Silicon Labs is the leading semiconductor company code contributor to Matter, and as of the end of 2022, claims 86% of Matter over Thread's industry certifications.
  • Silicon Labs President and CEO Matt Johnson was elected Chair of the Semiconductor Industry Association (SIA) Board of Directors.

Silicon Labs Grows Revenue 46% in Third Quarter 2022

Retrieved on: 
Wednesday, October 26, 2022
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AUSTIN, Texas, Oct. 26, 2022 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported robust financial results for the third quarter, which ended October 1, 2022. Revenue met the midpoint of the guidance range at $270 million, up 3% sequentially and 46% year-on-year.  Silicon Labs saw revenue growth across both its Industrial & Commercial and Home & Life businesses.

Key Points: 
  • Silicon Labs saw revenue growth across both its Industrial & Commercial and Home & Life businesses.
  • "Silicon Labs delivered another quarter of strong performance, generating record revenue and operating results ahead of model," said Matt Johnson, President and Chief Executive Officer at Silicon Labs.
  • The Silicon Labs Pro Kit for Amazon Sidewalk, the first end-to-end development platform for Amazon Sidewalk with complete connectivity support.
  • References in this press release to Silicon Labs shall mean Silicon Laboratories Inc.

Silicon Labs Grows Revenue 55% in Second Quarter 2022

Retrieved on: 
Wednesday, July 27, 2022
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AUSTIN, Texas , July 27, 2022 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported robust financial results for the second quarter, which ended July 2, 2022. Revenue exceeded the top end of the guidance range at $263 million, up 13% sequentially and 55% year-on-year.

Key Points: 
  • AUSTIN, Texas, July 27, 2022 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader insecure, intelligent wireless technologyfor amore connected world, reported robust financial results for the second quarter, which ended July 2, 2022.
  • We delivered record revenue in the quarter and operating results ahead of model, driving strong EPS growth," said Matt Johnson, President and Chief Executive Officer of Silicon Labs.
  • References in this press release to Silicon Labs shall mean Silicon Laboratories Inc.
  • Note to editors: Silicon Laboratories, Silicon Labs, the "S" symbol, and the Silicon Labs logo are trademarks of Silicon Laboratories Inc. All other product names noted herein may be trademarks of their respective holders.

Silicon Labs Accelerates Revenue Growth in First Quarter 2022

Retrieved on: 
Wednesday, April 27, 2022
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AUSTIN, Texas, April 27, 2022 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported strong financial results for the first quarter, which ended April 2, 2022. Revenue exceeded the top end of the guidance range at $234 million, up 12% sequentially and 48% year-on-year.

Key Points: 
  • AUSTIN, Texas, April 27, 2022 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader insecure, intelligent wireless technologyfor amore connected world, reported strong financial results for the first quarter, which ended April 2, 2022.
  • We delivered record revenue in the quarter and great operating results," said Matt Johnson, President and Chief Executive Officer, Silicon Labs.
  • References in this press release to Silicon Labs shall mean Silicon Laboratories Inc.
  • Note to editors: Silicon Laboratories, Silicon Labs, the "S" symbol, and the Silicon Labs logo are trademarks of Silicon Laboratories Inc. All other product names noted herein may be trademarks of their respective holders.

Parks Associates Highlights Interoperability, Privacy, and the Role of Apps at the 26th Annual CONNECTIONS™ Conference: State of the Smart Home

Retrieved on: 
Tuesday, February 15, 2022
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Currently, 37% of internet households have at least one smart home device.

Key Points: 
  • Currently, 37% of internet households have at least one smart home device.
  • The research firm will host State of the Smart Home , the opening virtual session for the 26th annual CONNECTIONS: Premier Connected Home Conference on Wednesday, February 16, 11:00 a.m. CT.
  • Event sponsors include Alarm.com, Cox Communities, Airties, Notion, Rapid Response Monitoring, Schneider Electric, AmTrust Specialty Risk, and Gadgeon.
  • Parks Associates' 26th annual CONNECTIONS: The Premier Connected Home Conference features multiple virtual sessions hosted throughout 2022 focused on the adoption of technology including smart home, security, connected health, energy, home automation, and entertainment solutions.