In This Article:
Silicon Laboratories (NASDAQ:SLAB) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$166.4m (down 18% from 3Q 2023).
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Net loss: US$28.5m (down by 376% from US$10.3m profit in 3Q 2023).
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US$0.88 loss per share (down from US$0.33 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Silicon Laboratories EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%.
Looking ahead, revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in the US.
Performance of the American Semiconductor industry.
The company's shares are down 11% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for Silicon Laboratories you should be aware of.
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