Benzinga | Jul 29, 2020 07:39AM EDT

Recap: Silicon Laboratories Q2 Earnings

Shares of Silicon Laboratories (NASDAQ:SLAB) rose 0.7% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 10.84% over the past year to $0.74, which beat the estimate of $0.56.

Revenue of $207,533,000 up by 0.40% year over year, which beat the estimate of $199,580,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Silicon Laboratories hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jul 29, 2020

Time: 08:30 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/slab/mediaframe/39374/indexr.html

Recent Stock Performance

52-week high: $122.90

52-week low: $65.09

Price action over last quarter: Up 5.55%

Company Overview

Silicon Laboratories develops semiconductors, software, and system solutions for the "Internet of Things," Internet infrastructure, industrial control, consumer, and automotive markets. The company operates through one segment, mixed-signal analog intensive products, consisting of diverse product areas, which the company groups into four categories: Internet of Things, broadcast, infrastructure and access. The Internet of Things category is the largest contributor to the company's total revenue. Geographically, the company mainly operates in the United States and China, with the U.S. the largest source of revenue.