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Market Impact: 0.32

Silicon Laboratories (SLAB) Surpasses Q1 Earnings and Revenue Estimates

SLAB
Corporate EarningsCompany FundamentalsAnalyst Estimates

Silicon Laboratories (SLAB) reported quarterly EPS of $0.53, ahead of the Zacks Consensus Estimate of $0.49 and sharply improved from a loss of $0.08 per share a year ago. The result indicates a solid earnings beat and meaningful year-over-year improvement, which is likely modestly supportive for the stock.

Analysis

Silicon Laboratories (SLAB) reported quarterly EPS of $0.53, ahead of the Zacks Consensus Estimate of $0.49 and sharply improved from a loss of $0.08 per share a year ago. The result indicates a solid earnings beat and meaningful year-over-year improvement, which is likely modestly supportive for the stock.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.32

Ticker Sentiment

SLAB0.54