Silicon Laboratories (NASDAQ: SLAB ), a solutions provider for the Internet of Things or IoT, has tried to narrow the losses for the year in recent months. The stock has rebounded off the recent low in August, but it appears to be having trouble Welcome to my author's site. As an avid follower of SeekingAlpha, I take great interest in articles posted as the subject matter is often something that appeals to me. However, I will sometimes encounter an article that I might not agree with. My purpose is to prese ...

New Custom Part Manufacturing Service (CPMS) and Device Attestation Certificates (DAC) Injection Streamline Security Implementation for Matter-Certified IoT Devices AUSTIN, Texas, Oct. 9, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology, in partnership with Kudelski IoT, a division of the Kudelski Group (SIX: KUD.S) and a global leader in digital security and IoT solutions, today announced a new solution to accelerate the time to market for Matter-certifi ...

AUSTIN, Texas, Aug. 19, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced that Chief Financial Officer Dean Butler will participate in the following upcoming investor conferences later this month: August 22, 2024: Needham Virtual Semiconductor & SemiCap 1x1 Conference August 27, 2024: Jefferies Semiconductor, IT Hardware & Communications Technology Conference in Chicago, IL August 28, 2024: Evercore ISI Semicondu ...

EFR32MG21 SoC Tailored for Zigbee Applications Offers Several Advantages for ZBMicro AUSTIN, Texas, Aug. 1, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced that its MG21 2.4 GHz wireless SoC had been selected by SONOFF for its new ZBMicro smart switch, SONOFF's Micro Zigbee USB Smart Adaptor. ZBMicro is a groundbreaking addition to the realm of smart home technology. From its role as a smart switch for USB devi ...

Investment action Review A potential growth catalyst that may drive stronger revenue growth acceleration is AI/ML opportunities. Management noted they are seeing an uptick in customer interest, and SLAB certainly has a shot at winning deals here given the product solutions they have—machine learning accelerators that can run ML inference at the edge. It is tough to quantify this impact and how strong SLAB is against other players in the industry, but seeing that customer interest is high, I look forward to ...

Thank you, Tanya, and good morning, everyone. We are recording this meeting and a replay will be available for four weeks on the Investor Relations section of our website at investor.silabs.com. Our earnings press release and the accompanying financial tables are also available on our website. Additionally, during our call today, we will refer to certain non-GAAP financial information. A reconciliation of our GAAP to non-GAAP results is included in the companyÂ's earnings press release and on the Investor R ...

Exhibit 99 AUSTIN, Texas – July 24, 2024 – Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported financial results for the second quarter, which ended June 29, 2024. Results on a GAAP basis: Silicon Labs Reports Second Quarter 2024 Results Second Quarter Financial Highlights Results on a non-GAAP basis, excluding the impact of stock compensation, amortization of acquired intangible assets, and certain other items as set forth in the below GAAP ...

AUSTIN, Texas, July 24, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported financial results for the second quarter, which ended June 29, 2024. Second Quarter Financial Highlights Results on a GAAP basis: Results on a non-GAAP basis, excluding the impact of stock compensation, amortization of acquired intangible assets, and certain other items as set forth in the below GAAP to Non-GAAP reconciliation tables were as follo ...

A replay will be available after the call on the investor page of the company's website at silabs.com. The replay will be available through August 24, 2024. Silicon Labs (NASDAQ: SLAB) is a leader in secure, intelligent wireless technology for a more connected world. Our integrated hardware and software platform, intuitive development tools, unmatched ecosystem and robust support make us an ideal long-term partner in building advanced industrial, commercial, home and life applications. We make it easy for d ...

Core Viewpoint - Silicon Laboratories (SLAB) has experienced significant revenue decline but is showing signs of stabilization and potential growth in the IoT semiconductor market, particularly in Bluetooth and WiFi technologies [2][3][7] Financial Performance - SLAB's revenue saw a peak-to-trough decline of 70%, with shares dropping approximately 50% due to customer weakness and increased competition in 2023 [2] - The company reported a 22% sequential revenue growth in Q1'24 from the Q4'23 bottom, with expectations for further recovery in Q2'24 [3] - Management's guidance for Q2'24 indicates a 32% quarter-over-quarter growth, aligning with trends observed in the broader IoT connectivity market [3] Market Dynamics - The destocking phase in consumer markets, particularly smart home devices, appears to be over, allowing SLAB to manage channel inventories effectively [3] - The company is leveraging past successes in various applications, including electronic store shelves and smart metering, to regain market share [3][5] - Increased competition from larger semiconductor players re-entering the IoT market poses challenges for SLAB's recovery and growth trajectory [5] Growth Opportunities - The IoT sector continues to present growth opportunities, with SLAB focusing on connectivity technologies that enable smart devices and real-time monitoring [5] - New product offerings, particularly the Series 3 portfolio, are expected to enhance SLAB's capabilities in AI edge computing, which is a growing area of interest for automation companies [5][6] - Despite potential challenges, the company is expected to grow at a mid-teens rate from its 2023 starting point, with long-term growth projected at a low double-digit rate [6] Margin Outlook - Gross margins are anticipated to remain in the low 50% range, with operating margins expected to improve as revenue approaches $900 million annually [3][6] - The company aims for a return to mid-to-high teens operating margins within three years, with the possibility of reaching 20% in five years [6] Valuation Perspective - Discounted cash flow analysis suggests an attractive upside into the $140s based on long-term revenue growth and free cash flow margins [6] - Current valuation approaches are complicated by expected negative operating margins for FY'24, but three-year expectations indicate a target around $130 [6]