Silicon Laboratories Earnings: Here’s Why the Stock is Falling Now

Silicon Laboratories, Inc. (NASDAQ:SLAB) delivered a profit and met Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 12.68%.

Silicon Laboratories, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 1.96% to $0.50 in the quarter versus EPS of $0.51 in the year-earlier quarter.

Revenue: Rose 4.3% to $141.5 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Silicon Laboratories, Inc. reported adjusted EPS income of $0.50 per share. By that measure, the company met the mean analyst estimate of $0.50. It missed the average revenue estimate of $143.61 million.

Quoting Management: “During the quarter, we achieved two important milestones—the strategic acquisition of Energy Micro and the groundbreaking introduction of our new CMEMS technology platform and oscillator product line,” said Tyson Tuttle, CEO of Silicon Labs. “We believe these accomplishments will help drive Silicon Labs’ growth in our Broad-based products, which represent our fastest growing and largest market opportunity.”

Key Stats (on next page)…

Revenue decreased 2.67% from $145.38 million in the previous quarter. EPS decreased 15.25% from $0.59 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.59 to a profit $0.57. For the current year, the average estimate has moved down from a profit of $2.31 to a profit of $2.27 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]