2023-11-01 07:22:00 ET
- Silicon Laboratories press release ( NASDAQ: SLAB ): Q3 Non-GAAP EPS of $0.62 beats by $0.01 .
- Revenue of $204M (-24.4% Y/Y) beats by $3.82M .
- Shares -24% PM.
- Industrial & Commercial revenue for the quarter was $121 million
- Home & Life revenue for the quarter was $83 million
- GAAP gross margin was 58.4%; GAAP R&D expenses were $79 million; GAAP SG&A expenses were $28 million; GAAP operating income as a percentage of revenue was 6%; GAAP diluted earnings per share were $0.32
- Non-GAAP gross margin was 58.5%; Non-GAAP R&D expenses were $64 million; Non-GAAP SG&A expenses were $31 million; Non-GAAP operating income as a percentage of revenue was 12%
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Silicon Laboratories Non-GAAP EPS of $0.62 beats by $0.01, revenue of $204M beats by $3.82M