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Jul 01, 2023
Silicon Labs Q2 2023 Earnings Report
Silicon Labs reported solid results with record revenue in Industrial & Commercial.
Key Takeaways
Silicon Labs reported Q2 2023 results with revenue exceeding the mid-point of the guidance range at $245 million, driven by strength across the Industrial & Commercial end markets.
Delivered solid results in the second quarter.
Achieved record revenue in the Industrial & Commercial business.
Home & Life business declined due to weak demand and excess customer inventory.
Continue to drive strong design win momentum.
Forward Guidance
The company expects third-quarter revenue to be between $190 to $210 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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