Silicon Labs Stock Price, News & Analysis

SensiML Corporation announced the integration of Silicon Labs' MG24 and BG24 Series 2 Bluetooth SoCs into its SensiML Analytics Toolkit. This inclusion enhances AI capabilities, promising processing speeds up to 4x faster with one-sixth the power consumption for AI/ML applications. The toolkit streamlines development, allowing developers to create sophisticated, low-power IoT devices, benefiting applications like acoustic event detection and motion analysis. SensiML's collaboration with Silicon Labs aims to optimize performance in battery-powered IoT solutions.

Silicon Labs (NASDAQ: SLAB) reported strong financial results for Q1 2022, with revenue reaching $234 million, a 12% sequential increase and 48% year-on-year growth. Revenue was boosted by 61% growth in Industrial & Commercial to $127 million, and a 35% rise in Home & Life to $107 million. The company achieved a gross margin of 67% and plans Q2 revenue guidance between $245 million and $255 million. Silicon Labs also repurchased $250 million of shares in 2022, with an additional $350 million authorized for buybacks.

Silicon Labs (NASDAQ: SLAB) announced it will release its first quarter 2022 financial results on April 27, 2022. An earnings conference call is scheduled at 7:30 a.m. Central Time, which will be accessible via the company's Investor Relations webpage. A replay will be available after the call and can be accessed until May 4, 2022. Silicon Labs specializes in secure, intelligent wireless technology, providing integrated hardware and software platforms to facilitate product development across various industries.

Silicon Labs (NASDAQ: SLAB) has released its 2021 Annual Report to Shareholders and 2022 Proxy Statement, now accessible on its Investor Relations webpage. Shareholders can request hard copies via phone or email. The company continues to focus on secure, intelligent wireless technology, supporting industrial, commercial, and life applications. This move reinforces its commitment to providing innovative solutions that drive industry transformation.

On March 4, 2022, Silicon Labs (NASDAQ: SLAB) announced its participation in the Morgan Stanley Technology, Media and Telecom Conference on March 10, 2022, in San Francisco, CA. CFO John Hollister and Senior Director Giovanni Pacelli will present at 9:45 a.m. PST and hold one-on-one meetings. Interested parties can access the investor presentation via the Investor Relations page on silabs.com.

Silicon Labs (NASDAQ: SLAB) has announced a hybrid Analyst Day event on March 1 from 1:00 p.m. to 4:00 p.m. Eastern time at Convene, New York City. Attendance is by invitation only, and the event will also be available for live streaming via the Investor Relations section of their website. A replay will be accessible for three months following the event. Silicon Labs is a leader in secure, intelligent wireless technology, providing integrated hardware and software solutions for various applications.

Silicon Labs (NASDAQ: SLAB) announced robust fourth-quarter results, with revenue hitting $209 million, a 43% year-on-year increase. GAAP gross margin was recorded at 61.3%, while non-GAAP diluted earnings per share reached $0.77. The company is focusing on the Internet of Things (IoT), launching new wireless SoCs and software tools. A new share repurchase program was approved for up to $250 million. For Q1 2022, revenue is projected between $220 to $230 million, with a GAAP EPS forecast of $0.15 to $0.25, indicating continued growth in the IoT market.

Silicon Labs announced the launch of two new 2.4 GHz wireless SoCs, the BG24 and MG24, featuring integrated AI/ML accelerators for enhanced performance and energy efficiency. These SoCs support multiple wireless protocols and include a software toolkit for developers. Key benefits include up to 4x performance improvement and up to 6x energy savings for IoT applications. They are designed for secure applications, possessing the highest level of security certification (PSA Level 3). They will be available for mass deployment in April 2022.

Silicon Labs (NASDAQ: SLAB) will release its fourth quarter 2021 financial results on February 2, 2022, followed by a conference call at 7:30 a.m. Central Time. The call can be accessed via webcast on the company's investor relations website. A replay will be available until March 3, 2022, both online and through specified phone numbers. Silicon Labs specializes in secure, intelligent wireless technology, offering a comprehensive platform and support for various applications in industry and commercial sectors.