Silicon Laboratories Inc. (SLAB) reported Loss for third quarter of -$9.936 million
The company's earnings came in at -$9.936 million, or -$0.30 per share. This compares with -$28.504 million, or -$0.88 per share, last year.
The company's revenue for the period rose 23.8% to $205.999 million from $166.395 million last year.
Silicon Laboratories Inc. earnings at a glance (GAAP) :
-Earnings: -$9.936 Mln. vs. -$28.504 Mln. last year.-EPS: -$0.30 vs. -$0.88 last year.-Revenue: $205.999 Mln vs. $166.395 Mln last year.
Excluding items, however, the company’s third-quarter earnings beat Street view. For the third quarter, Silicon Laboratories reported an adjusted income of $10.674 million, or $0.32 per share. On average, 9 analysts polled had projected the firm to earn $0.31 per share for the quarter. Analysts’ estimates typically exclude special items.
Looking ahead, for the fourth quarter, the company expects its adjusted income better than Street view.
SLAB anticipates net income of negative $0.22 to positive $0.08 per share. The company, however, expects adjusted income of $0.40 to $0.70 per share, higher than analyst’ forecast of $0.39 per share.
For the final quarter, SLAB projects revenue of $200 million to $215 million, in line with Street view of $212.82 million.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.