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Jan 02, 2021
Silicon Labs Q4 2020 Earnings Report
Silicon Labs achieved record revenue in Q4 2020, setting the stage for a stronger 2021.
Key Takeaways
Silicon Labs reported record fourth-quarter revenue of $242.9 million, a 10% sequential increase. Full-year revenue grew by 6% compared to 2019. The company's IoT products led the growth, achieving a second consecutive quarter of record revenue.
Q4 revenue reached a record $242.9 million, reflecting 10% sequential growth.
Full-year revenue increased by 6% compared to 2019.
IoT products drove growth, achieving a second consecutive quarter of record revenue.
GAAP EPS was $0.20, and non-GAAP EPS was $0.84 for the fourth quarter.
Silicon Labs
Silicon Labs
Forward Guidance
The company expects first quarter revenue to be in the range of $237 to $247 million, with both IoT and Infrastructure & Automotive approximately flat to fourth quarter.