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Jul 02, 2022
Silicon Labs Q2 2022 Earnings Report
Silicon Labs reported Q2 2022 earnings with revenue exceeding guidance and significant year-on-year growth.
Key Takeaways
Silicon Labs reported strong Q2 2022 financial results, with revenue exceeding the top end of the guidance range at $263 million, up 13% sequentially and 55% year-on-year. The company is confident in its ability to lead and scale in the IoT wireless market.
Revenue exceeded the top end of the guidance range at $263 million.
Revenue increased by 13% sequentially and 55% year-on-year.
The company marked the one-year anniversary of becoming a pure-play IoT company.
The company is confident in its ability to lead and scale in the large and growing IoT wireless market.
Forward Guidance
The company expects third-quarter revenue to be in the range of $265 to $275 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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