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Dec 28, 2019

Silicon Labs Q4 2019 Earnings Report

Outperformed the market with secular growth drivers in IoT and Infrastructure.

Key Takeaways

Silicon Labs reported Q4 2019 financial results with revenue within the guidance range at $219.4 million. GAAP EPS was $0.22 and non-GAAP EPS was $0.84.

Revenue was $219.4 million.

GAAP EPS was $0.22.

Non-GAAP EPS was $0.84.

IoT and Infrastructure now represent 80 percent of total revenue mix.

Total Revenue
$219M
Previous year: $216M
+1.8%
EPS
$0.84
Previous year: $0.91
-7.7%
Gross Profit
$133M
Previous year: $130M
+2.3%
Cash and Equivalents
$227M
Previous year: $197M
+15.3%
Free Cash Flow
$28.2M
Previous year: $22.2M
+26.7%
Total Assets
$1.67B
Previous year: $1.62B
+3.1%

Silicon Labs

Silicon Labs

Forward Guidance

The company expects first quarter revenue to be in the range of $209 to $219 million, with Infrastructure up, Broadcast flat, and declines in IoT and Access.