Silicon Laboratories, Inc. (NASDAQ:SLAB) is set to announce second quarter earning results on Wednesday 29th July 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, SLAB to report 2Q20 income of $ 0.57 per share.
For the full year, analysts anticipate top line of $ 835.08 million, while looking forward to income of $ 2.59 per share bottom line.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 190.00 million ~ $ 210.00 million
Click Here For More Historical Outlooks Of Silicon Laboratories, Inc.
Previous Quarter Performance
Silicon Laboratories, Inc. unwinded income for the first quarter of $ 0.69 per share, from the revenue of $ 214.88 million. The quarterly earnings reduced 61.90 percent while revenues compared with the same quarter last year.
According to street consensus, SLAB was expected to report 1Q20 income of $ 0.52 per share from revenue of $ 203.30 million. The bottom line results beat street analysts by $ 0.17 or 32.69 percent, at the same time, top line results outshined analysts by $ 11.58 million or 5.70 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of SLAB was $ 102.62, representing a 57.66 % increase from the 52 week low of $ 65.09 and a 16.5 % decrease over the 52 week high of $ 122.90.
The company has a market capital of $ 4.48 billion and is part of the Technology sector and Semiconductors industry.
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Conference Call
Silicon Laboratories, Inc. will be hosting a conference call at 8:30 AM eastern time on 29th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.silabs.com
Silicon Laboratories Inc., a fabless semiconductor company, designs, develops, and markets mixed-signal integrated circuits (ICs) in the United States, China, and internationally. The company offers Internet of things products, including 8-bit mixed-signal, 32-bit wireless, and ultra-low-power 32-bit microcontrollers; wireless connectivity devices, such as multiprotocol wireless Gecko system-on-chip devices; real-time operating systems; sensor products comprising optical, relative humidity/temperature, and hall effect magnetic sensors. It also provides infrastructure products, such as timing devices; multi-channel isolators, isolated drivers, isolated power converters, and mixed-signal devices; broadcast products, which include single-chip hybrid TV tuners and analog TV demodulators, as well as AM/FM, HD radio, and DAB/DAB+ receivers; and radio ICs.
