RTTNews | Jul 29, 2020 07:58AM EDT

07:58 Wednesday, July 29, 2020 (RTTNews.com) - While reporting financial results for the second quarter on Wednesday, Silicon Labs (SLAB) provided earnings and revenue guidance for the third quarter.

For the third quarter, the company expects earnings between a loss of $0.01 per share and earnings of $0.09 per share and adjusted earnings in a range of $0.67 to $0.77 per share on revenues between $208 million to $218 million, with IoT up and Infrastructure & Automotive down.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.64 per share on revenues of $207.43 million for the quarter. Analysts' estimates typically exclude special items.

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