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Silicon Labs' Q2 2020 revenue reached $207.5 million, near the top end of the guidance range. GAAP EPS was $(0.04), and non-GAAP EPS was $0.74.
Second quarter revenue was at the high end of the guidance range at $207.5 million.
The global pandemic has impacted the way people live, work and play.
Silicon Labs is well-positioned to execute its strategy in IoT connectivity and internet infrastructure.
Recent trends in the market are accelerating as the world moves faster to becoming more connected.
Analyze how earnings announcements historically affect stock price performance