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 ...

Ross Tomei Writing about Silicon Laboratories (NASDAQ:SLAB) almost 18 months ago, I said that while I liked the long-term potential of this connectivity-focused IoT semiconductor company, I preferred to wait for a pullback. I didn't expect a virtual collapse in the business (a 70% peak to trough move in revenue), nor a "pullback" of roughly 50% in the shares, as the company saw significant weakness among its customers, as well as increased competition throughout 2023. Business appears to be stabilizing, tho ...

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. ...

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 ...

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 ...

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 ...