Welcome to our dedicated page for Silicon Labs news (Ticker: SLAB), a resource for investors and traders seeking the latest updates and insights on Silicon Labs stock.
Silicon Labs (NASDAQ: SLAB) drives innovation in secure, energy-efficient wireless solutions for the Internet of Things. This news hub provides official updates and analysis on the company's semiconductor advancements, strategic partnerships, and market leadership in connected technologies.
Access real-time information on SLAB's product launches, financial performance, and IoT ecosystem developments. Our curated news collection helps stakeholders track innovations in wireless SoCs, industrial automation solutions, and smart home technologies while monitoring competitive positioning in the semiconductor sector.
Key updates include earnings disclosures, R&D breakthroughs in low-power connectivity, and cross-industry collaborations. Bookmark this page for verified information on SLAB's progress in standardizing Matter protocol adoption and enhancing AI-accelerated edge computing capabilities across its product lines.
Silicon Labs (NASDAQ: SLAB) reported its first-quarter 2023 results, achieving revenue of $247 million, a 6% increase year-on-year, driven by its Bluetooth portfolio. The company recorded a GAAP gross margin of 62.3% and diluted earnings per share of $0.41. Non-GAAP results showed gross margin at 62.5% and diluted earnings per share at $1.12. The company anticipates second-quarter revenue between $238 million and $248 million and plans to redeem outstanding 2025 convertible notes, settling $535 million in cash.
Silicon Labs also launched several new IoT products, including a low-power SoC suitable for smart cities and a family of Bluetooth SoCs designed for compact devices.
Silicon Labs (NASDAQ: SLAB) has announced plans to release its first-quarter 2023 financial results on
Silicon Labs (NASDAQ: SLAB) announced the launch of two new integrated circuits designed for ultra-small IoT devices: the xG27 family of Bluetooth SoCs and the BB50 MCU. The xG27 SoCs, sized from 2 mm² to 5 mm², are aimed at applications ranging from medical devices to smart sensors, boasting energy efficiency and advanced security features. The BB50 MCUs cater to non-connected applications, aiding design flexibility. Notably, Lura Health has selected the BG27 SoC for a new wearable device, enabling data collection from saliva for health condition monitoring. These innovations underline Silicon Labs' leadership in IoT technology.
Silicon Labs (NASDAQ: SLAB) has published its 2022 Annual Report to Shareholders and the 2023 Proxy Statement on its Investor Relations page. Shareholders can request hard copies via phone or email. Additionally, the company released its 2022 Corporate Sustainability Report for download. Silicon Labs continues to lead in secure, intelligent wireless technology, providing integrated hardware and software solutions that facilitate the development of advanced applications across various sectors.
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