2024-04-24 14:17:02 ET
Silicon Laboratories Inc. (SLAB)
Q1 2024 Earnings Conference Call
April 24, 2024 8:30 AM ET
Company Participants
Giovanni Pacelli - Senior Director of Finance
Matt Johnson - President & CEO
Mark Mauldin - Interim CFO
Conference Call Participants
Matt Ramsay - TD Cowen
Gary Mobley - Wells Fargo
Tore Svanberg - Stifel
Thomas O'Malley - Barclays
Quinn Bolton - Needham & Company
Srini Pajjuri - Raymond James
Cody Acree - Benchmark Company
Peter Peng - JP Morgan
Presentation
Operator
Thank you for standing by. My name is Jonathan. I will be your conference operator today. Welcome to Silicon Labs First Quarter Fiscal 2024 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question and answer session. [Operator Instructions]. As a reminder, today's program is being recorded.
And now I'd like to introduce your host for today's program, Giovanni Pacelli, Silicon Labs Senior Director of Finance. Giovanni, please go ahead.
Giovanni Pacelli
Thank you, Jonathan, and good morning, everyone. We are recording this meeting, and a replay will be available for four weeks on the Investor Relations section of our website at investor.silabs.com. Our earnings press release and the accompanying financial tables are also available on our website.
Joining me today are Silicon Labs President and Chief Executive Officer, Matt Johnson; and Interim Chief Financial Officer, Mark Mauldin. They will discuss our first quarter financial performance and review recent business activities. We will take questions after our prepared comments and our remarks today will include forward-looking statements that are subject to risks and uncertainties. We base these forward-looking statements on information available to us as of the date of this conference call and assume no obligation to update these statements in the future.
We encourage you to review our SEC filings, which identify important risk factors that could cause actual results to differ materially from those contained in any forward-looking statements. Additionally, during our call today, we will refer to certain non-GAAP financial information. A reconciliation of our GAAP to non-GAAP results is included in the company's earnings press release and on the Investor Relations section of our website.
I'll now turn the call over to Silicon Lab's, Chief Executive Officer, Matt Johnson. Matt?
Matt Johnson
Thanks, Giovanni, and good morning, everyone. Silicon Labs reported solid first quarter results with revenue and EPS exceeding the midpoint of our guidance. We are confident that Q4 represented the trough for us and we expect revenue growth to accelerate from Q1 into Q2...
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Silicon Laboratories Inc. (SLAB) Q1 2024 Earnings Call Transcript