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Trade of the Day: Silicon Laboratories (SLAB) Stock Is Signaling a Death Cross
Investor Place· 2024-07-02 12:27
Terrifying Name, Compelling Opportunity Source: The thinkorswim® platform from TD Ameritrade Trade of the Day: Buy SLAB Stock on the Projected Discount management, and healthcare. Tweet him at @EnomotoMedia. Silicon Laboratories (NASDAQ:SLAB) is a fabless semiconductor firm that provides various products, including wireless microcontrollers and sensor equipment. The company serves a range of applications within the broader Internet of Things (IoT), such as industrial automation and smart building controls. ...
Silicon Laboratories(SLAB) - 2024 Q1 - Earnings Call Transcript
2024-04-24 18:17
And now I'd like to introduce your host for today's program, Giovanni Pacelli, Silicon Labs Senior Director of Finance. Giovanni, please go ahead. Non-GAAP gross margin ended in line with guidance at 52%. As expected, customer mix was the largest headwind on our gross margin along with the impacts of fixed costs over the lower revenue levels. We expect gross margin to increase toward targeted model as revenue further recovers. As consumer interest in interoperability intensifies, more customers are embracin ...
Silicon Laboratories(SLAB) - 2024 Q1 - Earnings Call Presentation
2024-04-24 12:46
42% G R O W T H I N F Y 2 0 2 2 -10% SLAB Market SILICON LABS 6 ©2023 Silicon Labs Inc. All rights reserved. Edge IoT Market Growth ($B) $17.4 CON LABS | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------|-------| | | | | V I S I O N | | | To empower developers to create wirelessly connected devices that transform industries, grow economies, and improve lives. | | 4 ©2023 Silicon Labs Inc. All rights reserved. V A L U ...
Silicon Laboratories(SLAB) - 2024 Q1 - Quarterly Results
2024-04-24 11:46
Exhibit 99 Silicon Labs Reports First Quarter 2024 Results Wireless IoT leader sees sequential revenue growth accelerating into the second quarter AUSTIN, Texas – April 24, 2024 – Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported financial results for the first quarter, which ended March 30, 2024. • Silicon Labs is advancing its strategic growth plan and has announced several key leadership appointments. These changes underscore the company ...
Silicon Labs Reports First Quarter 2024 Results
Prnewswire· 2024-04-24 11:05
Wireless IoT leader sees sequential revenue growth accelerating into the second quarter   AUSTIN, Texas, April 24, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported financial results for the first quarter, which ended March 30, 2024. "Silicon Labs delivered strong sequential growth in the first quarter, driven by progress in end-customer inventory destocking in both the Home & Life and Industrial & Customer business uni ...
Silicon Labs Appoints Bob Conrad as Senior Vice President of Worldwide Operations
Prnewswire· 2024-04-24 11:00
AUSTIN, Texas, April 24, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced the appointment of industry veteran Bob Conrad as its Senior Vice President of Worldwide Operations. Conrad transitions from his current role serving on Silicon Labs' Board of Directors and brings over 40 years of experience in the semiconductor industry to his new position. With a distinguished career that includes leadership roles at Tex ...
Silicon Labs Streamlines Energy Harvesting Product Development for Battery-Free IoT
Prnewswire· 2024-04-22 04:01
To help device manufacturers build a complete energy harvesting solution, Silicon Labs is also announcing their partnership with e-peas, a provider of industry-leading Power Managed Integrated Circuits (PMICs) designed for energy harvesting. Through this partnership, Silicon Labs and e-peas co-developed two energy harvesting shields for Silicon Labs' new, energy-optimized xG22E Explorer Kit. To better develop within the tight constraints that energy harvesting requires, the new xG22E Explorer Kit allows dev ...
Silicon Labs Announces First Quarter 2024 Earnings Webcast
PRNewsWire· 2024-04-11 20:41
AUSTIN, Texas, April 11, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced that it plans to release first quarter 2024 financial results on Wednesday, April 24, 2024. An earnings conference call will follow the release at 7:30 a.m. Central Time. The call will be streamed from the Investor Relations section of the company's website at silabs.com.A replay will be available after the call on the investor page of the ...
Silicon Labs xG26 Sets New Standard in Multiprotocol Wireless Device Performance
Prnewswire· 2024-04-09 04:01
Provides industry's highest combination of Flash, RAM, and GPIO for Matter over Thread AUSTIN, Texas, April 9, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced their new xG26 family of Wireless SoCs and MCUs, the IoT industry leader's highest performance device family to date. The new family consists of the multiprotocol MG26 SoC, the Bluetooth LE BG26 SoC, and the PG26 MCU. All three are designed to future-proo ...
Silicon Labs' 2023 Annual Report to Shareholders and 2024 Proxy Statement Available Online
Prnewswire· 2024-03-06 21:05
AUSTIN, Texas, March 6, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today posted its 2023 Annual Report to Shareholders and 2024 Proxy Statement as filed with the Securities and Exchange Commission, on the Investor Relations page of the company website. Shareholders may also request hard copies of the reports by calling 866-648-8133, or by emailing [email protected]. Additionally, Silicon Labs released its 2023 Corporate S ...