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home / articles / TECH - Silicon Labs Q3 Sales Exceed Analyst Predictions But CEO Says 'Current Demand Environment Remains Quite Weak' | Benzinga

TECH - Silicon Labs Q3 Sales Exceed Analyst Predictions But CEO Says 'Current Demand Environment Remains Quite Weak' | Benzinga

Bio-Techne Corp

Silicon Laboratories Inc (NASDAQ: SLAB) reported Q3 FY23 sales of $203.76 million, down 24.5% Y/Y, in line with guidance, beating the consensus of $200.24 million. 

Margins: Adjusted gross margin of 58.5% and adjusted operating margin of 12% fell from 61.0% and 20.0% a year ago, respectively. 

The fabless global technology company's adjusted EPS of 62 cents ($1.21 a year ago) beat the Full story available on Benzinga.com
Stock Information
Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com
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