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Dec 28, 2024
Silicon Labs Q4 2024 Earnings Report
Silicon Labs' Q4 2024 results were in line with expectations, and the company anticipates sequential growth in Q1 2025.
Key Takeaways
Silicon Labs reported Q4 2024 revenue of $166 million. The company expects sequential revenue growth to resume in the first quarter of 2025.
Q4 revenue was $166 million.
Industrial & Commercial revenue was $89 million, down 8% sequentially.
Home & Life revenue was $78 million, up 11% sequentially.
The company expects first-quarter revenue to be between $170 to $185 million.
Silicon Labs
Silicon Labs
Forward Guidance
The company expects first-quarter revenue to be between $170 to $185 million.
Positive Outlook
- GAAP gross margin to be between 54% to 56%
- Non-GAAP gross margin to be between 54% to 56%
- GAAP operating expenses of approximately $128 million to $130 million
- Non-GAAP operating expenses of approximately $103 million to $105 million
- Non-GAAP diluted earnings (loss) per share between $0.01 to $(0.19)
Challenges Ahead
- GAAP diluted loss per share between $(0.75) to $(1.05)