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Silicon Laboratories Inc - SLAB STOCK NEWS

Welcome to our dedicated news page for Silicon Laboratories (Ticker: SLAB), a resource for investors and traders seeking the latest updates and insights on Silicon Laboratories.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Silicon Laboratories's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Silicon Laboratories's position in the market.

News
Silicon Labs Reports Fourth Quarter 2023 Results
Rhea-AI Summary
Silicon Labs (SLAB) reported strong financial results for the fourth quarter of 2023, with revenue of $87 million. The company expects to return to sequential revenue growth in the first quarter of 2024. Despite a volatile market environment and inventory corrections, Silicon Labs delivered results ahead of expectations. The company also announced a $100 million repurchase plan for its common stock and provided business outlook estimates for the first quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.03%
Tags
earnings
-
News
Silicon Labs and Arduino Partner to Democratize Matter
Rhea-AI Summary
Silicon Labs (NASDAQ: SLAB) announced a partnership with Arduino to develop Matter over Thread applications for Arduino's developer community. The collaboration aims to simplify and speed up the development of IoT devices, making it more accessible and faster than ever before.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
Tags
partnership
-
News
Silicon Labs Delays Q4 2023 Earnings Conference Call
Rhea-AI Summary
Silicon Labs (NASDAQ: SLAB) has announced a one-week delay to its earnings conference call for the quarter ended on December 30, 2023, due to a material weakness in internal control related to the operation and documentation of certain inventory controls. The company has not identified any misstatements in its previously issued financial statements and expects to file its Form 10-K in a timely manner by the end of February 2024. The fourth quarter 2023 financial results will be released on Wednesday, February 7, 2024, followed by an earnings conference call at 7:30 a.m. Central Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.02%
Tags
earnings
News
Silicon Labs Announces Fourth Quarter 2023 Earnings Webcast
Rhea-AI Summary
Silicon Labs (NASDAQ: SLAB) plans to release fourth quarter 2023 financial results on January 31, 2024, followed by an earnings conference call. The company is a leader in secure, intelligent wireless technology and aims to provide innovative solutions that transform industries and improve lives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
Tags
earnings
-
News
Silicon Labs Announces CFO Transition
Rhea-AI Summary
Silicon Labs (NASDAQ: SLAB) announces the departure of CFO John Hollister to join partner GlobalFoundries as CFO. Interim CFO Mark Mauldin will take over upon Hollister's departure. The company is conducting a search for a new CFO to continue scaling as a leader in embedded wireless solutions for the Internet of Things.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
Tags
none
-
News
Silicon Labs to Present at the Barclays Global Technology Conference
Rhea-AI Summary
Silicon Labs (NASDAQ: SLAB) will present at the Barclays Global Technology Conference on December 7th, 2023. Matt Johnson, President and CEO, and Giovanni Pacelli, Senior Director of Finance, are scheduled to participate in a fireside chat at 9:50 a.m. Pacific Time. The presentations will be webcast on the Investor Relations page of the company website at silabs.com. Silicon Labs is a leader in secure, intelligent wireless technology, providing integrated hardware and software platforms, intuitive development tools, and robust support for building advanced industrial, commercial, home, and life applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
conferences
News
Silicon Labs Expands MCU Platform with new 8-bit MCU family
Rhea-AI Summary
Silicon Labs (NASDAQ: SLAB) Expands MCU Development Platform with New BB5 Family, Offering Cost-Optimized 8-bit MCUs and Simplified Development Tools. The BB5 family includes the most powerful 8-bit MCUs on the market, providing more development choices for simple applications. The Simplicity Studio development platform allows developers to cost-optimize their devices by selecting the part that best fits the application's need, eliminating the need for learning two sets of tools and enabling them to develop once and deploy in multiple product variations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.13%
Tags
none
-
News
Silicon Labs Reports Third Quarter 2023 Results
Rhea-AI Summary
Silicon Labs reported solid financial results for the third quarter, with revenue of $204 million. The company exceeded its guidance for revenue and EPS, despite a challenging market environment. Silicon Labs achieved record design wins in the quarter and made advancements in its industry-leading platform. The company expects fourth-quarter revenue to be between $70 to $100 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.44%
Tags
earnings
-
News
Silicon Labs Announces Third Quarter 2023 Earnings Webcast
Rhea-AI Summary
Silicon Labs plans to release its third quarter 2023 financial results on November 1, 2023. An earnings conference call will follow the release at 7:30 a.m. Central Time. The call will be streamed from the Investor Relations section of the company's website at silabs.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.1%
Tags
earnings
News
Silicon Labs Supports New Bluetooth® Mesh Feature Enhancements & Networked Lighting Control Standardized Profiles
Rhea-AI Summary
Silicon Labs supports new Bluetooth Mesh feature enhancements & Networked Lighting Control standardized profiles
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.71%
Tags
none
Stock SLAB logo
Silicon Laboratories Inc

Nasdaq:SLAB

SLAB Rankings

#1357 Ranked by Market Cap
#3175 Ranked by Stock Gains
N/A Ranked by Dividends

SLAB Stock Data

4.03B
31.29M
1.88%
104.27%
4.88%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
Austin

About SLAB

silicon labs is a leading provider of silicon, software and solutions for a smarter, more connected world. our award-winning technologies are shaping the future of the internet of things, internet infrastructure, industrial automation, consumer and automotive markets. headquartered in austin, silicon labs has more than 1,400 team members in over 20 countries creating products focused on performance, energy savings, connectivity and simplicity. we're passionate about what we do and are proud that the global semiconductor alliance voted us the most respected public semiconductor company for three of the last four years. connect with us at silabs.com.