RTTNews | Oct 28, 2020 07:50AM EDT

07:49 Wednesday, October 28, 2020 (RTTNews.com) - While reporting financial results for the third quarter on Wednesday, Silicon Laboratories Inc. (SLAB) provided earnings and revenue guidance for the fourth quarter.

For the fourth quarter, the company expects earnings in a range of $0.02 to $0.12 per share and adjusted earnings in a range of $0.68 to $0.78 per share on revenues between $221 million and $231 million, with IoT and Infrastructure & Automotive up.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.71 per share on revenues of $214.37 million for the quarter. Analysts' estimates typically exclude special items.

Read the original article on RTTNews ( https://www.rttnews.com/3140073/silicon-labs-guides-q4-revenues-above-estimates-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved