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Dec 30, 2023
Silicon Labs Q4 2023 Earnings Report
Silicon Labs reported Q4 2023 results above expectations and anticipates growth in the first quarter.
Key Takeaways
Silicon Labs reported fourth-quarter results, which ended December 30, 2023. The company delivered top and bottom-line results ahead of expectations. They expect to return to sequential revenue growth, beginning in the first quarter.
Delivered top and bottom-line results ahead of expectations
Expects to return to sequential revenue growth, beginning in the first quarter
Customers destocking their inventories
Design wins continue ramping to production, and bookings trends improve
Forward Guidance
The company expects first-quarter revenue to be between $100 to $110 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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