Silicon Laboratories (NASDAQ:SLAB) reported its Q1 earnings results on Wednesday, April 27, 2022 at 07:05 AM.
Here's what investors need to know about the announcement.
Earnings
Silicon Laboratories beat estimated earnings by 64.06%, reporting an EPS of $1.05 versus an estimate of $0.64.
Revenue was down $21.69 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.2 which was followed by a 6.08% drop in the share price the next day.
Here's a look at Silicon Laboratories's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.57 | 0.15 | 0.93 | 0.75 |
| EPS Actual | 0.77 | 0.34 | 1.05 | 0.91 |
| Revenue Estimate | 200.19M | 175.22M | 267.05M | 242.11M |
| Revenue Actual | 208.68M | 184.83M | 169.49M | 255.50M |
To track all earnings releases for Silicon Laboratories visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
